The Indian Equity market witnessed significant gains in May, with the midcap and smallcap indices outperforming the benchmarks. Here are the top smallcap performers of the past month.
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CreditAccess Grameen
This microfinance institution provides micro-loans to women customers in rural areas. Its shares rallied the most over 26% in May.
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Indigo Paints
The Indian paint company's shares rallied over 26% in May 2023.
Birla Corporation
Birla corporation shares jumped over 22% during the month.
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Century Textiles
The shares of this textile and paper manufacturing and exporting company rallied more than 15% in May.
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Sapphire Foods India
Sapphire foods' shares rallied more than 15%.
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Amber Enterprises India
Amber enterprises is a solution provider for HVAC industry in India. Its shares witnessed a rally in the range of 10 - 15%.
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Route Mobile
Route Mobile, a leading cloud communication platform provider has witnessed a rally in the range of 10-15% in May.
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Quess Corp
One of India's leading business services provider Quess Corp also witnessed a rally in the range of 10-15%.
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Brigade Enterprises
This real estate and property development company saw a rally in the range of 10-15%.
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MedPlus Health Services
One of India's leading healthcare companies MedPlus rallied between 10 to 15% in May.