SME stocks that made investors super rich in the last one year

Apr 12, 2023

By: Bhakti Makwana

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Knowledge Marine & Engineering Works

The shipping company’s share price skyrocketed over 2,500 percent to ₹951 in the last one year after listing in March 2021 — from an issue price of ₹37 on BSE SME exchange. The company is engaged in marine crafts and marine infrastructure engineering and construction work.

Credit: KMEW

EKI Energy Services

The carbon credit developer’s share price zoomed more than 2,100 percent in the last one year after listing in April 2021 – from an issue price of ₹102 on BSE SME exchange. However, the share price has come down to ₹544 after issuing 3:1 bonus issue in July 2022.

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BEW Engineering

The company’s stock has spiked 1,300 percent in the last one year to ₹792 after listing in September 2021 from an issue price of ₹58 on NSE SME exchange. BEW Engineering is engaged in the manufacturing and exporting of pharmaceutical equipment.

Credit: BEW Engineering

Cool Caps Industries

Share price of the company surged 1,200 percent in the last one year to ₹504 after listing in March 2022 from an issue price of ₹38 on NSE SME exchange. The company manufactures plastic packaging products.

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Gretex Corporate Services

The share price of the company ran up by 900 percent in the last one year after listing in August 2021 from an issue price of ₹170. However, the share price has come down to ₹189 after issuing 8:1 bonus issue in October 2022.

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Connected Wireless Devices

Shares of the consumer electronics company zoomed 800 percent to ₹1,600 in the last one year after listing in October 2021 from an issue price of ₹180. CWD stands for Connected Wireless Devices that designs, develops, manufactures, and sells integrated solutions.

Credit: Connected Wireless Devices

Rajeshwari Cans

The shares of the company rose over 700 percent in the last one year to ₹175 after listing in April 2021 — from an issue price of ₹20 on BSE SME exchange. It manufactures round printed tin containers of various sizes used as packing material for tobacco.

Credit: Rajeshwari Cans

Kotyark Industries

Shares of the company climbed more than 750 percent in the last one year to ₹418 after listing in November 2021 from an issue price of ₹51 on NSE SME exchange. It is primarily engaged in the manufacturing of biofuel.

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Empyrean Cashews

Shares of the company jumped over 650 percent in the last one year to ₹280 after listing in March 2022 from an issue price of ₹37 on NSE SME exchange. It processes raw cashew nuts into flavoured cashews. It sells cashews under the brand name Krishival Cashews.

Credit: Empyrean Cashews

Network People Services Technologies

Shares of the software company increased more than 600 percent in the last one year to ₹592 after listing in August 2021 – from an issue price of ₹80 on NSE SME exchange. It is in the business of providing software solutions to the banking sector.

Credit: NPST

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