3 Small Cap Stocks That Rallied Upto 29.8% In 7 days

The markets ended low on Thursday March 3,2023. Nifty was down by 129 points or 0.74% and BSE Sensex also ended low, it was down 501.73 points or 0.84%. Even Bank Nifty, IT Nifty were down by 0.76% and 1.26% respectively, along with BSE smallcap Index, it fell by 0.22%.

However there were three small cap companies whose stock price rallied by upto 29.8% in 7 days. Here are the details.

Olectra Greentech Limited share price surged by 29.8% in 7 days, and over 5 days it was up by 16.61%. The company's stock price closed at Rs 521.90 per share, it was up by 5.03% on intraday basis and over three years it has grown by 399.66%, but over one year it was down by 15%.

Greentech Olectra is India's largest electric bus manufacturing compay, with headquarters in Hyderabad. Its market capitalisation is Rs 4,283.7 crore.

The share price of PC Jeweller Ltd has risen by 27% in 7 days and over 5 days it was up by 21.13%. The jeweller's share price ended at Rs 29.98 per share, which was 4.97% higher than the previous day. Over a year the stock price has gone up by 46.96% and over three years it has gone up by 106.76%.

PC Jeweller engages in the manufacturing, exporting, wholesale and retail selling of gold and diamond jewellery in India. The current market capitalisation of the company is Rs 1,395.28 crore.

Macrotech Developers share price was a shocker, it was up by 18.83% on intraday basis to Rs 1004.50 per share. In over 7 days and 5 days it grew by 23.8% and 26.35% respectively. Over a year it fell by 8.57% but over a span of three years it surged by 99.54%.

Macrotech Developers Ltd, estwhile name was Lodha Developers is the largest real estate developer in India. Its core business is residential real estate developments with a focus on affordable and mid-income housing. Geographically, it derives a majority of revenue from India. Its market capitalisation is Rs 48,391.67 crore.

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