5 Micro cap stocks which have broadly outperformed NIFT 50 in October 

5 Micro cap stocks which have broadly outperformed NIFT 50 in October 


KeyCorp 

Incorporated in 1986, Key Corp Ltd deals in vehicle finance and investment in mutual funds. The Company is an NBFC that provides loans on vehicles, hire-purchase, and lease, particularly in old vehicle finance, and deploys surplus funds in Mutual Funds. The company specializes in financing and recovery of its loan and built-up portfolio of old vehicles. The stock is 9.7% up in October. The net profit of the company is up by 113% while the revenue of the company is up 100% during the same period. 

Aditya Birla Money 

Incorporated in 1995, Aditya Birla Money Ltd is a stock broker, capital market products distributor, depository participant, and PMS provider. ABML is a part of Aditya Birla Capital Limited which in turn is a part of Grasim Industries. It is registered as a Stock Broker with SEBI and is a member of BSE and NSE in the equities and derivatives segment. The company is a PMS license holder from SEBI and offers portfolio management services. Also, a SEBI license holder as a Research Analyst, Investment Adviser, and Distributor with an ARN code issued by AMFI. The stock is 15.62% up in October. The net profit of the company is up by 55.88% while the revenue of the company is up 48% during the same period. 

Prime Securities 

Incorporated in 1982, Prime Securities Ltd is in the business of providing financial services including Non-Banking Finance Services, Insurance, and Capital Markets. PSL provides Investment Banking and Corporate Advisory services. It is authorized to advise and arrange financial services under a Category 1 Merchant Bank License. In addition, its subsidiary company Prime Research and Advisory Limited is a Corporate Insurance Agent licensed by the Insurance Regulatory and Development Authority of India. The stock is 20% up in October. Net profit of the company is up by 72.7% You while the revenue of the company is up 42% during the same period. 

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Manbro 

Incorporated in 1992, Unimode Overseas Limited is in the business of Trading in textiles. The company manufactures, processes, buys, sells, imports, exports, trades, supplies, and deals in all kinds of leather garments and other types of readymade garments for men, women, and children viz, shoes, shoe uppers, leather bags, and all other leather products and accessories. The stock is 37.35% up in October. The net profit of the company is up by 33.33% while the revenue of the company is up a spectacular 61 times during the same period. 

Harshil Agrotech 

The company is into activities related to industrial design and fabrication. The Company has been covering various industries like fertilizers, chemicals, petrochemicals, power plants, fibers, cement, steel plants, pharmaceuticals, dyes and intermediates, paper and pulp, etc. The stock of the company has given 36.76% return in October. The net profit of the company has gone up by 52% YoY while the revenue of the company is up 3.36 times. 

Written By: Dipangshu Kundu

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