Smallcap stocks gain up to 66% as Nifty 50 retreats

Cupid shares rose 66% over three months, leading a group of 10 smallcap stocks that gained sharply even as the Nifty 50 fell nearly 4%, according to Economic Times Markets’ October 17 report. The outlet identified the companies as constituents of the Nifty Smallcap 250.

The stock-wise figures put gains between 30% and 66%. Although the report’s headline capped the rally at 65%, its individual entry for Cupid gave a 66% increase, from ₹213 to ₹353.

Cupid, Sterlite Technologies and Welspun Corp lead

Sterlite Technologies followed Cupid with a reported 60% rise, taking its share price from ₹542 to ₹867. Welspun Corp gained 53%, moving from ₹1,680 to ₹2,569.

PTC Industries recorded a 41% advance, with its shares rising from ₹17,531 to ₹24,673 over the same three-month period.

Six more stocks record gains of 30% or more

PVR Inox, Cyient and Redington each posted reported gains of 39%. PVR Inox moved from ₹1,006 to ₹1,400, Cyient from ₹859 to ₹1,195, and Redington from ₹276 to ₹384.

Welspun Living rose 33%, from ₹165 to ₹219. TD Power Systems and Finolex Cables each gained 30%, with their prices increasing from ₹564 to ₹735 and from ₹1,048 to ₹1,366, respectively.

These are reported historical price moves, rather than live market quotes. The selected stocks’ gains do not represent the return of the smallcap index as a whole.