Small-Cap Winners in FY27: Amid market volatility THESE 10 small-cap stocks soared up to 116% - LIST

Small-Cap Winners in FY27: Despite volatility in the broader market, several small-cap stocks have delivered strong returns in the current financial year so far. 10 small-cap stocks have surged between 50 per cent and 116 per cent in FY27, outperforming benchmark indices and attracting investor attention. Data compiled by ACE Equity showed that these companies have seen sharp gains in just over a month of the new fiscal year.

Which small-cap stocks led the rally?

Among the top gainers, Gallantt Ispat emerged as the biggest winner, with its shares rising nearly 116 per cent in FY27 so far. Other strong performers included HFCL, Schneider Electric Infrastructure, Data Patterns (India) and several other small-cap names that posted gains of over 50 per cent during the period. The rally comes even as broader markets remain uneven amid global uncertainties.

Why are small-cap stocks rising?

ET reported, quoting market experts, that improving sentiment, stock-specific triggers and better earnings expectations are helping select small caps outperform. Some analysts also point to easing valuation concerns after the correction seen earlier in 2026, which has encouraged fresh buying in quality small-cap companies.

A sharp contrast to earlier correction

The recent rally marks a turnaround from the sharp correction seen in the smallcap segment earlier this year. Several small-cap stocks had witnessed steep declines in the first few months of 2026 due to concerns over valuations, global tensions and profit booking. However, a few stocks have managed to stage a strong comeback and deliver outsized gains in FY27.

Small-Cap Winners in FY27

Full list of small-cap stocks that surged in FY27

HFCL shares have rallied 116 per cent so far this financial year.

Cemindia Projects shares have gained more than 90 per cent since April.

Welspun Corp shares have surged nearly 60 per cent since April this year.

Schneider Electric Infrastructure shares have also gained around 60 per cent since April this year.

Gallantt Ispat shares have jumped 58 per cent since April this year.

Shares of Garden Reach Shipbuilders & Engineers (GRSE) have jumped over 57 per cent since April this year.

Ola Electric Mobility shares have jumped 54 per cent since the beginning of April.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)