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NSE small and mid-caps surge, lifting select stocks over 200% in 2026
As of Aug. 4, 2026, the Nifty Smallcap 250 rose 9% and Nifty Midcap 50 gained 5.6% year to date, while the Nifty 50 fell about 6%.
LiveMint Markets reports that at least 10 companies listed on India’s NSE have gained more than 200% in the 2026 calendar year through Aug. 4, 2026, even as the broader market has moved in the low single digits.
The report says the Nifty 50 index declined around 6% year to date, while Nifty Smallcap 250 and Nifty Midcap 50 advanced 9% and 5.6%, respectively. It also notes that an investment of ₹ 1 lakh in each of the stocks at the start of the year would now be worth more than ₹ 3 lakh, with the top performer up more than 500%.
Sanginita Chemicals led the list with a 514.3% gain, followed by Sterlite Technologies at 485.7%. Other named winners included Excellent Wires and Packaging (+386.4%), Viji Finance (+308.1%), Sigma Advanced Systems (+265.2%), United Foodbrands (+247.5%), Bikewo Green Tech (+217.3%), Dee Development Engineers (+213.8%), Yasho Industries (+206.8%), and Prizor Viztech (+206.7%).
The article attributes the rallies to a mix of strong earnings growth, capacity expansion, sector-specific tailwinds, order wins, improved profitability, and renewed interest in small and mid-cap companies, citing examples such as Sterlite Technologies’ Q1 FY27 results and Viji Finance’s turnaround to profit. It also points to favourable themes including defence and aerospace, speciality chemicals, and green mobility, noting that Sterlite Technologies posted the highest-ever revenue of ₹ 1,910 crore and EBITDA of ₹ 397 crore in Q1 FY27.