Nifty Smallcap 100 Shows Mild Recovery In February

5 Mar 2026 , 01:13 PM

Smallcaps In February 2026 – 0.3%

In February 2026, the Nifty Smallcap 100 index closed largely flat with a return of 0.3%. However, this was better than the large-cap NIFTY index, which declined during the month. This also marks a mild recovery after three consecutive months of losses. The recovery was driven by strong performances from sectors like Healthcare, led by stocks such as ASTERDM and LAURUSLABS, while Utilities declined sharply by 15.15%, primarily due to losses in Reliance Power Ltd. The market breadth was slightly negative with 47 stocks advancing and 51 declining.

Chart: Monthly Return Chart

Source: NSE

How was the market breadth? 47 advances, while 51 declines:

In Feb-2026, the market breadth was slightly negative with 47 stocks advancing and 51 declining. In comparison to the last month, this represents an improvement, as January saw a much broader decline with only 18 advancing stocks.

Table: Advances and Declines history

Month	Advances	Declines	Advance/Decline Ratio
Feb-2026	47	51	0.92
Jan-2026	18	80	0.22
Dec-2025	43	55	0.78
Nov-2025	30	68	0.44
Oct-2025	65	33	1.97
Sep-2025	60	39	1.54
Aug-2025	20	78	0.26
Jul-2025	28	71	0.39
Jun-2025	72	27	2.67
May-2025	86	13	6.62
Apr-2025	52	47	1.11
Mar-2025	83	16	5.19

Source: NSE

Chart: Trends In ADR Ratio

Source: NSE

Healthcare performs the best while Utilities performs the worst:

Healthcare was the best-performing sector in the latest month with a weighted return of 5.84%, supported by gains in stocks such as ASTERDM and LAURUSLABS. On the other hand, Utilities was the worst-performing sector, declining by 15.15%, primarily due to losses in Reliance Power Ltd.

Table: Performance Across Sectors

Sector	Number Of Stocks	% Change (w. avg)	% Change (avg)
Healthcare	4	5.84	3.19
Commodities	8	5.24	6.74
Consumer Discretionary	9	3.42	1.48
Energy	4	2.62	3.18
Financial Services	18	-1.06	-0.28
Industrials	20	-2.0	-3.49
Services	4	-2.51	-3.85
Telecommunication	3	-4.78	-6.77
Fast-moving Consumer Goods	1	-6.33	-6.33
Information Technology	6	-15.09	-15.3
Utilities	1	-15.15	-15.15

Source: NSE

Chart: Sector Performance Heatmap Over the Past Year

Source: NSE

Top performers over a 1 Year Horizon:

Over the past year, the top performers were led by Multi Commodity Exchange of India Ltd, Data Patterns (India) Ltd and Laurus Labs Ltd with returns of 146.55%, 123.95%, and 104.51%, respectively. These stocks were primarily from the Financial Services and Industrials sectors.

Table: Top-15

Stock	Sector	% Change (1Y)
Multi Commodity Exchange of India Ltd	Financial Services	146.55
Data Patterns (India) Ltd	Industrials	123.95
Laurus Labs Ltd	Healthcare	104.51
Karur Vysya Bank Ltd	Financial Services	98.18
Garden Reach Shipbuilders Engineers Ltd	Industrials	95.16
Delhivery Ltd	Services	73.46
IDBI Bank Ltd	Financial Services	71.13
Great Eastern Shipping Company Ltd	Services	68.48
Navin Fluorine International Ltd	Commodities	66.71
IIFL Finance Ltd	Financial Services	65.58
Poonawalla Fincorp Ltd	Financial Services	61.68
HBL Engineering Ltd	Industrials	58.7
IFCI Ltd	Financial Services	45.97

Source: NSE

Bottom performers over a 1 Year Horizon:

Over the past year, the bottom performers included Newgen Software Technologies Ltd, Five-Star Business Finance Ltd, and Brainbees Solutions Ltd with returns of -45.39%, -45.03%, and -42.27%, respectively. These stocks were primarily from the Information Technology and Financial Services sectors.

Table: Bottom-15

Stock	Sector	% Change (1Y)
Newgen Software Technologies Ltd	Information Technology	-45.39
Five-Star Business Finance Ltd	Financial Services	-45.03
Brainbees Solutions Ltd	Consumer Discretionary	-42.27
Inox Wind Ltd	Industrials	-38.66
Firstsource Solutions Ltd	Services	-38.4
Aditya Birla Real Estate Ltd	Commodities	-30.69
Tata Teleservices (Maharashtra) Ltd	Telecommunication	-30.12
Afcons Infrastructure Ltd	Industrials	-28.85
Reliance Power Ltd	Utilities	-27.93
Brigade Enterprises Ltd	Consumer Discretionary	-26.53
Cyient Ltd	Information Technology	-26.3
Sonata Software Ltd	Information Technology	-24.17
Devyani International Ltd	Consumer Discretionary	-22.77

Source: NSE

Stocks Near 52 Week Highs:

As of the end of last month, nearly 63 stocks were more than 20% away from their 52-week highs. Only 6 stocks were within 5% of their 52-week highs, with IDBI Bank Ltd, Great Eastern Shipping Company Ltd, Data Patterns (India) Ltd, and Karur Vysya Bank Ltd being the closest.

Table: Stocks within 10% of 52 Week High

Stock	Sector	Last Close	52 Week High	vs 52 Week High (%)
IDBI Bank Ltd	Financial Services	116.01	116.01	0.0
Great Eastern Shipping Company Ltd	Services	1338.9	1348.9	-0.74
Data Patterns (India) Ltd	Industrials	3210.2	3243.6	-1.03
Karur Vysya Bank Ltd	Financial Services	326.2	336.85	-3.16
Laurus Labs Ltd	Healthcare	1075.8	1128.5	-4.67
Kalpataru Projects International Ltd	Industrials	1240.1	1314.5	-5.66
Navin Fluorine International Ltd	Commodities	6256.5	6649.5	-5.91
Himadri Speciality Chemical Ltd	Commodities	484.85	517.8	-6.36
Aarti Industries Ltd	Commodities	447.15	485.4816	-7.9
Multi Commodity Exchange of India Ltd	Financial Services	2447.0	2704.0	-9.5
Go Digit General Insurance Ltd	Financial Services	335.75	372.35	-9.83

Source: NSE

Chart: Distribution of stocks vs their 52-week highs

Source: NSE

Stocks Near 52 Week Lows:

As of the end of last month, nearly 46 stocks were more than 20% away from their 52-week lows. Only 22 stocks were within 5% of their 52-week lows, with Cyient Ltd, Sonata Software Ltd, Afcons Infrastructure Ltd, and Brigade Enterprises Ltd being the closest.

Table: Stocks within 10% of 52 Week Low

Stock	Sector	Last Close	52 Week Low	vs 52 Week Low
Cyient Ltd	Information Technology	912.0	912.0	0.0
Sonata Software Ltd	Information Technology	267.7	267.7	0.0
Afcons Infrastructure Ltd	Industrials	292.15	292.15	0.0
Brigade Enterprises Ltd	Consumer Discretionary	694.05	694.05	0.0
Tata Teleservices (Maharashtra) Ltd	Telecommunication	41.59	41.59	0.0
Firstsource Solutions Ltd	Services	213.15	213.15	0.0
Five-Star Business Finance Ltd	Financial Services	417.15	417.15	0.0
Inox Wind Ltd	Industrials	92.13	92.13	0.0
Reliance Power Ltd	Utilities	23.97	23.97	0.0
KEC International Ltd	Industrials	585.3	582.65	0.45
Castrol India Ltd	Energy	186.91	182.66	2.33
Piramal Pharma Ltd	Healthcare	156.13	151.41	3.12
Brainbees Solutions Ltd	Consumer Discretionary	217.4	210.5	3.28
Affle 3i Ltd	Information Technology	1377.2	1329.6	3.58
Indian Energy Exchange Ltd	Financial Services	125.16	120.7	3.7
Tata Chemicals Ltd	Commodities	717.4	690.0	3.97
Titagarh Rail Systems Ltd	Industrials	700.5	673.1995	4.06
Sagility Ltd	Information Technology	39.55	37.9526	4.21
Zensar Technologies Ltd	Information Technology	562.0	537.8	4.5
Ircon International Ltd	Industrials	143.61	136.292	5.37
Aegis Logistics Ltd	Energy	688.45	651.35	5.7
Jupiter Wagons Ltd	Industrials	267.2	252.7	5.74
Triveni Turbine Ltd	Industrials	489.2	460.231	6.29
Aditya Birla Real Estate Ltd	Commodities	1290.2	1195.4	7.93
NCC Ltd	Industrials	152.64	141.13	8.16
Chambal Fertilisers Chemicals Ltd	Commodities	457.95	420.3	8.96
PNB Housing Finance Ltd	Financial Services	824.75	753.6	9.44
Computer Age Management Services Ltd	Financial Services	677.6	616.7247	9.87
Newgen Software Technologies Ltd	Information Technology	508.75	463.05	9.87

Source: NSE

Chart: Distribution of stocks vs their 52 week Low

Source: NSE