top 20 quality small cap stocks under 5000 crore market cap in India

Here is the list of top 20 small cap stocks (market cap between 500 crore - 5000 crore) that can deliver multibagger returns. This list was compiled on 17 June 2023. If you want to see the list of micro cap stocks, please click here.

• Automotive Stampings and Assemblies Ltd (Market Cap - 533 cr)
• Piccadily Agro Inds Limited (Market Cap - 637 cr)
• Black Rose Industries Ltd (Market Cap - 718 cr)
• Yuken India Ltd (Market Cap - 734 cr)
• Orient Bell (Market Cap - 772 cr)
• Menon Bearings (Market Cap - 797 cr)
• HP Adhesives Ltd (Market Cap - 812 cr)
• Talbros Automotive (Market Cap - 856 cr)
• Agarwal Industrial Corporation Ltd (Market Cap - 918 cr)
• Foods And Inns Ltd (Market Cap - 968 cr)
• Ksolves (Market Cap - 1086 cr)
• Balu Forge (Market Cap - 1199 cr)
• Pearl Global (Market Cap - 1201 cr)
• Pokarna Ltd (Market Cap - 1202 cr)
• Knowledge Marine & Engineering Works Ltd (Market Cap - 1204 cr)
• Refex Industries Ltd (Market Cap - 1214 cr)
• Bharat Wire Ropes Ltd (Market Cap - 1218 cr)
• Shaily Engineering (Market Cap - 1367 cr)
• Goldiam (Market Cap - 1418 cr)

Apart from above list, below stocks (market cap less than 5k crore) can also turn to be multibaggers in next decade.

• Stovekraft (Market Cap - 1492 cr)
• IG petrochemical (Market Cap - 1570 cr)
• Nelco (Market Cap - 1612 cr)
• Shalby Ltd (Market Cap - 1650 cr)
• Jyoti Resin (Market Cap - 1690 cr)
• Hari Om Pipes (Market Cap - 1894 cr)
• Shankara Building Products Ltd (Market Cap - 1688 cr)
• Panama (Market Cap - 1740 cr)
• Vadilal industries (Market Cap - 1744 cr)
• Precision Camshafts Ltd
• Carysil
• Garware Hi-Tech Films Ltd
• Amrutanjan Health Care Ltd
• Som Distilleries And Breweries Ltd
• Yasho Industries Ltd
• Tanfac Industries Ltd
• Agro Tech Foods Ltd
• Wendt (India) Limited
• Waaree Renewable Technologies Ltd
• ADF Foods Ltd.
• Butterfly Gandhimathi Appliances Ltd
• Paushak
• Bajaj Consumer
• Nucleus Software Exports Ltd.
• Tasty Bite Eatables Ltd
• Tarsons Products Ltd
• Venus Pipes & Tubes Ltd (Market Cap - 2298 cr)
• Apollo Pipes (Market Cap - 2785 cr)
• IFB Industries Ltd
• Astra Microwave Products Ltd
• Datamatics Global Services Ltd
• Hawkins Cooker Ltd
• Mold-Tek Packaging Ltd
• Fineotex Chemical Ltd
• Sudarshan Chemical Industries Ltd
• Nilkamal Ltd
• Shanthi Gears Ltd
• ikio lighting (Market Cap - 3121 cr)
• Globus Spirits Ltd
• AGI Greenpack
• Neogen Chemicals Ltd
• Gravita India Limited
• Surya Roshni Ltd
• Arvind Fashions Ltd
• Lux Industries Ltd
• Newgen Software Technologies Ltd
• HLE Glascoat Ltd
• La Opala RG Limited
• PDS Multifashion (Market Cap - 4732 cr)
• Raj Ratan Global (Market Cap - 4242 cr)
• Greenpanel Industries Ltd (Market Cap - 4183 cr)
• Borosil Ltd