Top 10 – Best Small Cap Stocks to Buy for Long Term in India 2023

There are lots of questions in persons mind when we talk about small cap stocks. Firstly people ask for what is small cap stocks meaning and then they jump with questions like which is the best small cap stocks to buy and hold or best small cap stocks to buy in India for long term 2023. As mostly everyone is only aware of it that small cap stocks are high risky and they gives you the higher returns as well.

In this article we have focused to guide you towards top small cap stocks with highest upside potential in India 2023, what time frame one should consider when you invest for long term along with top 10 best small cap stocks in India for 2023. After reading this article you will be in position to understand which are the Indian small cap stocks with big potential and then, take your own decision towards best small cap stocks for 2023 to buy, sell, hold or invest in small cap stocks for long term.

Table of Contents

Small Cap Stocks Definition

What are Small Cap stocks? Small cap stocks are stocks that move very rapidly up as well as down. Their market cap is much lower than the large or mid cap. They have a tendency to be extremely unpredictable. If you have a strong likes towards playing with higher risk, then these small cap stocks is the place where you would like to be in. In Indian stock market, best small cap stocks in 2023 like Dixon Technologies, Nilkamal, Venkys India, Birlasoft, Welspun India, Raymond, GE Shipping, etc. are few of the examples of small cap stocks. Of course, there are a large list of small cap companies, you can visit the BSE (Bombay Stock Exchange) or NSE (National Stock Exchange) website and check for the same.

It means, lying at the lowest end of market capitalization. Small-cap companies have smaller income, client or customer bases, and usually include the start-ups or companies in the early stage of development. small cap stocks with big potential have high returns as they are yet to be discovered within the sector and can show growth potential. Such list of companies stock is known as small cap stocks.

However, as these companies are doing businesses at small scale, its advised to do research for these best small companies to invest in 2023 India very carefully. After research, you may have shortlisted some of the top small cap stocks with highest upside potential in India 2023. Also it should be considered that small companies don’t have enough finance or quality to survive during bearish market or in bad times. It is essential that one should completely research with respect to the certifications, promoters, administration and reputation before you decide to invest in small cap stocks.

Top 10 – Top Small Cap Stocks to Buy for Long Term 2023

Small caps are frequently expressed as Indian small cap stocks with big potential to make huge returns. We would state that small caps can turn out to be an exceptionally good stock for long term investment if the small cap stock pick or small company are doing really a great and well-managed business. You can also analyze good stocks from best cheap stocks list of India for 2023.

When we say best small cap stocks for long term investment, it is advised to consider that one should select best small cap stocks to buy and hold for not more than 1 to 2 years. The list of small cap stocks provided below is based on EPS Ratio (Earnings Per Share Ratio) from highest to lowest also you can view Profit-Earning Ratio (P/E Ratio) and P/BV (Price to Book Value) for your analysis. Read what is EPS ratio with examples and what is P/E ratio with examples to understand better.

Observe the top small cap stocks with highest upside potential in India 2023 for long term investment from below table to get better idea. Your should perform more research and gain knowledge about these stocks before making any decision. On top of this, you should analyze stock based on technical analysis, fundamental analysis and charting skills to guide you in selecting Indian small cap stocks with big potential.

Sr.	Company Name	BV (Rs)	Intrinsic Value (Rs)	P/E Ratio	EPS	1-Year Return (%)
1	Hemang Resources Limited	14.49	46.71	2.41	18.82	1,162.78
2	Tinna Rubber And Infrastructure Limited	90.03	307.75	25.73	22.49	542.78
3	Jyoti Resins & Adhesives Limited	52.11	534.86	74.72	21.02	464.37
4	Samrat Pharmachem Limited	151.54	1,288.80	13.94	82.86	448.30
5	Magellanic Cloud Limited	30.67	167.65	22.44	15.26	405.53
6	K.P. Energy Limited	83.01	222.20	17.21	25.87	330.42
7	Gujarat Containers Limited	41.96	321.97	9.90	21.15	294.75
8	Vinyl Chemicals (India) Limited	52.36	430.53	38.34	21.55	294.33
9	GTN Industries Limited	45.89	123.31	2.02	28.64	286.76
10	Available Finance Limited	726.51	1,191.77	1.20	244.37	281.00

Note: Above ratios and values are established from January 2023 data. This list will assist you in your research like: stocks with low P/E ratio, stocks with high EPS ratio, stocks with high EPS and low PE ratio in 2023.

Top 50 – Best Small Cap Stocks for 2023 with Big Potential:

We are presenting here small cap companies list which will assist you in your deep research. From the list of Indian small cap stocks with big potential companies you can choose which is best suitable for your portfolio. Below mentioned Top 50 – List of best small cap stocks to buy in India for long term 2023. This list does not includes “Top Small Cap Stocks to Buy” which is mentioned above.

Sr.	Company Name	BV (Rs)	Intrinsic Value (Rs)	P/E Ratio	EPS	1-Year Return (%)
1	Shah Alloys Limited	13.84	158.85	1.46	39.79	208.61
2	Shri Keshav Cements And Infra Limited	18.36	115.17	5.26	26.34	132.38
3	Jayaswal Neco Industries Limited	18.88	114.77	6.98	22.00	71.39
4	Flomic Global Logistics Limited	44.69	312.39	7.73	16.74	75.43
5	Royal Orchid Hotels Limited	45.65	96.30	31.43	17.84	181.86
6	ISMT Limited	46.14	318.97	22.60	77.45	100.36
7	Indsil Hydro Power And Manganese Limited	46.30	120.00	1.70	31.24	122.63
8	Sky Gold Limited	48.85	152.20	9.33	15.81	58.92
9	Maris Spinners Limited	51.01	121.01	4.38	17.07	35.62
10	Gravita India Limited	56.03	341.34	14.32	23.19	71.42
11	Dynacons Systems & Solutions Limited	60.17	368.97	19.11	16.07	109.63
12	Vadilal Enterprises Limited	61.20	449.08	18.60	211.08	124.24
13	Maan Aluminium Limited	62.40	359.71	9.64	18.62	33.81
14	Aditya Vision Limited	65.42	574.61	31.89	44.48	61.09
15	Suraj Products Limited	68.68	260.85	4.45	20.23	32.58
16	Sheetal Cool Products Limited	69.73	226.97	30.00	17.55	252.45
17	Tiger Logistics (India) Limited	70.40	176.76	7.19	31.67	82.44
18	Sagar Diamonds Limited	71.19	728.95	1.73	23.00	44.20
19	Sunshield Chemicals Limited	72.99	198.11	26.35	20.37	59.61
20	Kewal Kiran Clothing Limited	75.91	150.60	27.22	15.37	130.68
21	Xpro India Limited	76.01	164.30	22.83	33.02	137.71
22	Apcotex Industries Limited	76.41	363.82	29.16	21.31	57.85
23	TIPS Industries Limited	78.77	411.13	27.93	58.19	51.29
24	Cg-Vak Software & Exports Limited	81.05	320.88	20.55	20.53	187.25
25	Max Ventures and Industries Limited	81.17	337.90	5.59	25.21	50.13
26	Hisar Metal Industries Limited	81.19	181.12	5.29	26.44	10.91
27	Avonmore Capital & Management Services Limited	84.98	281.44	1.86	52.60	161.81
28	Cenlub Industries Limited	86.94	160.65	7.93	17.52	80.96
29	Zuari Agro Chemicals Limited	87.26	609.24	4.61	245.72	59.99
30	Srg Housing Finance Limited	87.49	320.94	14.79	16.27	38.53
31	Refex Industries Limited	87.59	821.27	9.09	24.82	23.15
32	Lambodhara Textiles Limited	87.93	152.80	6.32	17.55	31.34
33	Pitti Engineering Limited	88.60	382.61	16.87	17.46	98.39
34	IVP Limited	88.81	267.64	7.48	20.19	29.82
35	Tyroon Tea Co.Limited	91.83	148.00	4.51	22.87	41.96
36	Kirloskar Ferrous Industries Ltd	96.32	508.83	10.23	25.29	12.09
37	Sunflag Iron And Steel Company Limited	97.05	355.18	9.08	59.36	11.17
38	Cantabil Retail India Limited	98.04	485.84	43.33	32.90	198.18
39	Duncan Engineering Limited	99.22	244.99	13.63	20.27	29.92
40	GSS Infotech Limited	100.53	127.23	81.61	20.13	180.89
41	Diamines & Chemicals Limited	102.46	421.87	21.04	24.56	63.60
42	Vippy Spinpro Limited	102.86	228.29	5.04	26.20	63.51
43	Agi Infra Limited	103.05	412.73	15.43	33.74	203.06
44	Safari Industries (India) Limited	104.08	324.10	71.04	21.39	89.49
45	Kpt Industries Limited	105.29	266.73	8.88	17.79	57.61
46	Chandra Prabhu International Limited	105.68	1,614.02	3.13	58.25	21.25
47	Vimta Labs Limited	105.69	325.92	17.01	20.35	23.46
48	Bharat Gears Limited	105.70	302.26	11.68	23.23	62.84
49	G M Polyplast Limited	106.20	549.05	17.98	21.79	109.27
50	Hindustan Adhesives Limited	107.21	543.88	19.98	24.69	93.52
51	Salona Cotspin Limited	108.77	524.12	7.30	40.70	31.92
52	Garden Reach Shipbuilders & Engineers Limited	109.81	198.21	18.39	19.13	84.99
53	The Tinplate Company of India Limited	111.88	787.74	9.63	35.28	22.68
54	The Andhra Sugars Limited	112.04	198.53	7.30	19.66	30.28
55	Apollo Finvest (India) Limited	112.27	940.91	17.37	36.61	12.40
56	G.G.Dandekar Machine Works Limited	114.95	176.94	2.16	34.04	29.10
57	Cochin Minerals & Rutile Limited	116.92	349.61	11.37	19.89	78.87
58	Winsome Textile Industries Limited	116.96	203.66	3.34	26.74	67.94
59	Banswara Syntex Limited	117.00	153.48	5.86	18.26	29.29
60	Uttam Sugar Mills Limited	118.13	400.85	7.03	36.27	36.04
61	Dollar Industries Limited	119.16	301.68	19.53	26.56	37.55
62	Gokaldas Exports Limited	120.08	291.64	12.97	28.53	76.73
63	Lohia Securities Limited	124.34	1,112.16	3.41	54.24	88.44
64	Universal Starch-Chem Allied Limited	124.50	343.69	5.92	28.31	57.75
65	Shiva Mills Limited	124.65	178.25	6.16	20.05	45.25
66	Goa Carbon Limited	125.22	338.71	7.84	56.98	23.40
67	Hitech Corporation Limited	126.32	178.24	13.39	21.09	11.80
68	Panama Petrochem Limited	126.99	1,063.46	8.07	39.15	15.84
69	Shree Pushkar Chemicals & Fertilisers Limited	127.05	310.16	13.69	18.23	17.84
70	Kitex Garments Limited	128.53	299.81	9.85	21.52	24.47
71	Butterfly Gandhimathi Appliances Limited	131.44	311.35	74.82	15.90	61.79
72	Snl Bearings Limited	133.79	335.71	12.99	24.28	32.68
73	Indo Tech Transformers Limited	136.65	139.44	12.35	17.79	41.88
74	Allsec Technologies Limited	137.44	338.99	13.39	37.58	12.27
75	Master Trust Limited	137.84	661.69	5.18	26.03	42.17
76	Share India Securities Limited	139.99	1,895.67	18.17	70.80	133.87
77	Mold-Tek Packaging Limited	140.22	422.92	44.73	23.85	79.67
78	Kirloskar Oil Engines Limited	143.95	267.35	16.10	15.48	15.78
79	Rushil Decor Limited	144.12	184.46	20.30	28.98	124.18
80	Thakkers Developers Limited	148.27	439.77	5.42	41.93	192.56
81	Gujarat Mineral Development Corporation Limited	149.90	181.19	6.78	22.40	126.51
82	Ansal Buildwell Limited	150.92	400.57	5.97	15.95	58.18
83	Yasho Industries Limited	152.23	944.47	30.67	55.30	126.28
84	Indian Toners & Developers Limited	152.39	208.96	9.06	22.21	31.79
85	Fredun Pharmaceuticals Limited	153.07	335.14	68.34	16.13	125.47
86	De Nora India Limited	154.24	551.22	24.69	33.61	149.41
87	Ahluwalia Contracts (India) Limited	154.53	337.78	19.39	23.62	20.79
88	RPG Life Sciences Limited	154.65	521.60	23.63	33.93	12.34
89	Nitin Spinners Limited	155.78	664.44	3.95	59.00	18.27
90	Control Print Limited	157.33	420.34	18.01	26.42	40.11
91	Manaksia Limited	162.08	230.37	3.22	25.34	23.48
92	Binny Limited	164.24	208.76	14.55	26.78	53.38
93	Sangam (India) Limited	164.94	245.57	7.16	41.50	100.61
94	Dr.Agarwals Eye Hospital Limited	166.32	520.42	14.33	72.17	130.38
95	TD Power Systems Limited	170.33	311.63	26.12	26.29	104.63
96	Itl Industries Limited	171.05	425.98	7.79	20.32	15.09
97	Frontier Springs Limited	171.21	491.47	22.76	17.14	22.18
98	Swastika Investmart Limited	171.94	397.39	5.26	34.77	36.42
99	Aurionpro Solutions Limited	174.06	242.24	11.23	35.09	98.93
100	Neogen Chemicals Limited	176.16	734.48	76.95	20.03	17.07

Note: This would be ideal for research and analysis purpose. Stock Price and Financial Ratios are based on January 2023 data.

If you are new to technical indicators then you should prefer reading what are technical indicators, different types of technical indicators, what is support, what is volume, what is moving average and more about basics of technical analysis while researching best small cap stocks to buy and hold with big potential.

You can also grab more knowledge on other analysis for example: what is fundamental analysis, what are qualitative factors, what are qualitative data analysis, how to analyze annual report of a company, what are financial ratios of the companies. You can go through our free tutorial course on basics of fundamental analysis to gain education as a first step. This will provide you deep understanding when picking best small cap stocks for 2023 and then you can decide on whether these small cap stocks to buy and hold for long term or for short term.

Conclusion

Here we have seen top 10 best small cap stocks to buy for long term investment in India 2023-2024. This article should be considered purely be an informational purpose for best small companies to invest in 2023 rather than small cap stock recommendations. Our motto here is to provide you the list of top small cap stocks with highest upside potential in India 2023 to watch on. Take a look at it, you will get better ideas when picking best Indian small cap stocks to buy and hold with big potential. Hope you find this interesting and you are welcomed to share your feedback.

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