Nifty Smallcap 100 up 0.37% in Sept; Real Estate leads gains

8 Oct 2025 , 01:28 PM

In September 2025, the Nifty Smallcap 100 index had a positive return of 0.37%. This was driven by strong performances from sectors like Real Estate, with key contributors including Anant Raj Limited, Signature Global (India) Limited, and Brigade Enterprises Limited. The market breadth was neutral with an Advance-Decline Ratio of 49-51.

Chart: Monthly Return Chart

Source: NSE

How was the market breadth: 49 advances while 51 declined:

In Sep-2025, the market breadth was neutral. 49 stocks advanced while 51 stocks declined. In comparison to the last month, this is marginally better than August’s weaker 36-64 split.

Table: Advances and Declines history

Month	Advances	Declines	Advance/Decline Ratio close
Sep-2025	49	51	0.96
Aug-2025	36	64	0.56
Jul-2025	22	78	0.28
Jun-2025	68	32	2.12
May-2025	86	14	6.14
Apr-2025	49	51	0.96
Mar-2025	87	13	6.69
Feb-2025	12	88	0.14
Jan-2025	14	86	0.16
Dec-2024	48	52	0.92
Nov-2024	47	51	0.92
Oct-2024	30	66	0.45

Source: NSE

Chart: Trends In ADR Ratio

Source: NSE

Real Estate performs the best while Consumer Cyclical performs the worst:

Real Estate was the best performing sector in the latest month with a weighted return of 7.87%. This was driven by strong performances from stocks like Anant Raj Limited, Signatureglobal (India) Limited, and Brigade Enterprises Limited. On the other hand, the worst-performing sector was Consumer Cyclical, which saw a decline of 1.74%. Key contributors to this downturn included Crompton Greaves Consumer Electricals Limited, Devyani International Limited, and Swan Energy Limited.

Table: Performance Across Sectors

Sector	Number Of Stocks	% Change (w. avg)	% Change (avg)
Real Estate	3	7.87	9.62
Energy	2	4.77	5.17
Utilities	5	2.39	2.73
Financial Services	15	1.37	1.57
Industrials	21	0.74	0.37
Basic Materials	11	0.56	1.78
Unknown	6	-0.34	0.43
Healthcare	10	-0.45	-0.89
Technology	12	-0.55	-0.66
Consumer Defensive	2	-0.74	-1.42
Communication Services	5	-1.29	-0.46
Consumer Cyclical	8	-1.74	1.09

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 Laurus Labs Limited, Amber Enterprises India Limited, and Redington Limited with returns of 79.77%, 66.93%, and 55.97% respectively. These stocks were primarily from the Healthcare and Technology sectors.

Table: Top-15

Stock	Sector	% Change (1Y)
Laurus Labs Limited	Healthcare	79.77
Amber Enterprises India Limited	Consumer Cyclical	66.93
Redington Limited	Technology	55.97
Godfrey Phillips India Limited	Consumer Defensive	52.43
Aster DM Healthcare Limited	Healthcare	51.76
Garden Reach Shipbuilders  Engineers Limited	Industrials	49.25
Sagility India Limited	Healthcare	45.5
Manappuram Finance Limited	Financial Services	44.42
Narayana Hrudayalaya Limited	Healthcare	40.81
Radico Khaitan Limited	Consumer Defensive	38.68
Multi-Commodity Exchange of India Limited	Financial Services	34.34
Kaynes Technology India Limited	Industrials	29.01
Navin Fluorine International Limited	Basic Materials	28.66
Poonawalla Fincorp Limited	Financial Services	24.12

Source: NSE

Bottom performers over a 1 Year Horizon:

Over the past year, the bottom performers included HFCL Limited, Ramkrishna Forgings Limited, and Sonata Software Limited with returns of -50.96%, -46.52%, and -44.19% respectively. These stocks were primarily from the Technology and Industrials sectors.

Table: Bottom-15

Stock	Sector	% Change (1Y)
HFCL Limited	Technology	-50.96
Ramkrishna Forgings Limited	Industrials	-46.52
Sonata Software Limited	Technology	-44.19
NATCO Pharma Limited	Healthcare	-42.9
Inox Wind Limited	Utilities	-41.39
Birlasoft Limited	Technology	-40.1
Cyient Limited	Industrials	-39.26
Brigade Enterprises Limited	Real Estate	-37.23
Aarti Industries Limited	Basic Materials	-35.97
Tata Teleservices (Maharashtra) Limited	Communication Services	-35.33
Five-Star Business Finance Limited	Financial Services	-34.76
PVR INOX Limited	Communication Services	-34.74
Signatureglobal (India) Limited	Real Estate	-34.65

Source: NSE

Stocks Near 52 Week Highs:

As of the end of last month, nearly 50 stocks were more than 20% away from their 52-week highs. Only 1 stock was within 5% of its 52-week high, with Kaynes Technology India Limited being the closest, followed by Amber Enterprises India Limited and Radico Khaitan Limited.

Table: Stocks within 10% of 52 Week High

Stock	Sector	Last Close	52 Week High	vs 52 Week High (%)
Amber Enterprises India Limited	Consumer Cyclical	8089.0	8497.0	-4.8
Hindustan Copper Limited	Basic Materials	329.44	347.0	-5.06
CreditAccess Grameen Limited	Financial Services	1353.2	1430.0	-5.37
Manappuram Finance Limited	Financial Services	280.8	298.0	-5.77
Radico Khaitan Limited	Consumer Defensive	2887.1	3067.0	-5.87
Aster DM Healthcare Limited	Healthcare	626.95	675.0	-7.12
Delhivery Limited	Industrials	450.05	489.1	-7.98
Kalpataru Projects International Limited	Industrials	1254.8	1364.3	-8.03
Shyam Metalics and Energy Limited	Basic Materials	913.3	1001.0	-8.76
The Karur Vysya Bank Limited	Financial Services	210.91	231.25	-8.8
Kaynes Technology India Limited	Industrials	7052.0	7822.0	-9.84

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 65 stocks were more than 20% away from their 52-week lows. Only 3 stocks were within 10% of their 52-week lows, with HFCL Limited, Tata Teleservices (Maharashtra) Limited, and Indian Energy Exchange Limited being the closest.

Table: Stocks within 10% of 52 Week Low

Stock	Sector	Last Close	52 Week Low	vs 52 Week Low
Aarti Industries Limited	Basic Materials	374.9	344.2	8.92
Signatureglobal (India) Limited	Real Estate	1054.0	1010.8	4.27
Crompton Greaves Consumer Electricals Limited	Consumer Cyclical	291.3	286.0	1.85
Indian Energy Exchange Limited	Financial Services	139.25	130.26	6.9
Brigade Enterprises Limited	Real Estate	896.05	852.0	5.17
Welspun Living Limited	Consumer Cyclical	114.7	104.8	9.45
Piramal Pharma Limited	Healthcare	191.16	181.73	5.19
Tata Teleservices (Maharashtra) Limited	Communication Services	55.02	50.1	9.82
BLS International Services Limited	Industrials	322.3	308.25	4.56
Angel One Limited	Financial Services	2132.5	1941.0	9.87
Inox Wind Limited	Utilities	140.24	130.32	7.61
Five-Star Business Finance Limited	Financial Services	536.6	501.0	7.11
Birlasoft Limited	Technology	351.4	331.0	6.16
Cyient Limited	Industrials	1144.5	1084.05	5.58
NATCO Pharma Limited	Healthcare	795.55	726.8	9.46
HFCL Limited	Technology	72.88	68.56	6.3
Ramkrishna Forgings Limited	Industrials	539.7	513.2	5.16
PG Electroplast Limited	Technology	502.3	465.0	8.02
Tejas Networks Limited	Technology	585.4	542.25	7.96

Source: NSE

Chart: Distribution of stocks vs their 52-week Low

Source: NSE