Amidst the volatility of the share market, several small-cap stocks could potentially yield returns of 20-24%, including Ortin Global, DCM Financial Services, Shanti Overseas India, Lypsa Gems, and Usha Martin Education.
Stock Market Overview: Currently, the Indian stock market is experiencing significant fluctuations. Since the beginning of 2023, the Nifty 50 index has fallen by approximately 4%, while the Nifty 500 index has dropped by as much as 8.4%. This downturn is primarily attributed to US President Donald Trump's tariff policies, weak quarterly results, and selling by foreign investors.
However, within this challenging environment, certain small-cap stocks have shown remarkable performance, potentially offering investors returns of up to 24%. Stocks like Ortin Global, DCM Financial Services, Shanti Overseas India, Lypsa Gems & Jewellery, and Usha Martin Education & Solutions are predicted to experience growth.
1. Ortin Global: Potential 20% Growth
Ortin Global's shares recently touched a low of ₹10.44 but have since recovered to ₹12.17. The current resistance level is ₹12.60, and if this level is surpassed, the stock price could potentially reach ₹14.63. A potential 20.2% growth is currently projected for this stock.
2. DCM Financial Services: Potential Gain of up to 21.8%
DCM Financial Services' shares have recently seen an 11% increase and are currently trading at ₹5.83. A key resistance level is at ₹5.98. If this level is breached, the stock price could potentially rise to ₹7.10. The upward potential could reach 21.8%.
3. Shanti Overseas India: Potential Growth of 20.3%
Shanti Overseas India's shares have shown continuous growth for five consecutive days. Currently priced at ₹12.47, if it surpasses the resistance level of ₹13.13, it could potentially reach ₹15. This stock shows a potential upward movement of 20.3%.
4. Lypsa Gems: Potential Return of 24%
Lypsa Gems' shares have recently increased by 20%, reaching a price of ₹7.70. Its support level is approximately ₹6.30, and if this level holds, the price could potentially rise to ₹9.55. The potential return for this stock could reach 24%.
5. Usha Martin Education: 22.3% Growth Potential
Usha Martin Education's shares are currently priced at ₹5.56 and have a projected upward potential of 22.3%. Its support level is approximately ₹5.17, and if this level holds, the price could potentially increase to ₹6.80.
