Nifty Is Down 11%, But These 60 Smallcap Stocks Have Rallied Up To 650% Since Last Diwali
Sterlite Technologies moved lower.
· NDTV Profit
While the Nifty has fallen over 11% since last Diwali, 60 smallcap stocks have more than doubled investors' money, led by Sterlite Technologies with a staggering 649.7% rally.
The analysis
Sterlite Technologies reported movement of 11%, 650% and 649.7%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -5.0% on the day at ₹824.50, and has returned +55.4% over three months. It sits 19% below its 52-week high. The telecom & media sector has moved +0.9% over the same period, so Sterlite Technologies is running 54.5 points ahead of its peers.
For Sterlite Technologies, the question is how much of this is already reflected in the price and how much re-rates the telecom & media peer set alongside it.
Market context
- In focus: Sterlite Technologies (STLTECH), in Telecom & Media.
- Over three months: Sterlite Technologies +55.4% against Telecom & Media +0.9% (54.5 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Sterlite TechnologiesSTLTECH · Telecom & Media | ₹824.50 | -5.0% | -9.4% | +55.4% | -18.9% | 0.5× | — |
Telecom & Media
1M -0.2% · 3M +0.9%
Sterlite Technologies
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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