5 best performing small cap stocks
India`s benchmark 30-share index, the BSE Sensex is been amongst the best performers across key world markets during the current year, gaining more than 75% so far.
The small cap companies performed outstandingly too. This is evident from the fact that BSE Small Cap index, witnessed a 2.2 times yearly rise, as on Dec. 24, 2009.

Let`s have a look at 5 top performers among the Small cap stocks in 2009:
Ahluwalia Contracts India
Ahluwalia Contracts India (ACIL), a New Delhi based civil engineering contracting firm, is engaged in construction of malls, hospitals, educational institutes, commercial complexes, luxury hotels, corporate office complexes, and multistoried residential complexes. Stock price of the company zoomed 516.61% to stand at Rs 180.05 a share as on Dec. 23, 2009 as against Rs 29.2 as on Dec. 31, 2008.
Its stock performance during the year can be mainly attributed to factors like strong order inflow and excellent financial performance.
5 best performing small cap stocks
(updated - 28 Dec 2009)
The Year 2009                
OCL Iron and Steel
OCL Iron and Steel is mainly engaged in manufacture and sale of steel billets and sponge iron. Stock price of the company jumped 515.47% to stand at Rs 27.45 a share as on Dec. 23, 2009 as against Rs 4.46 as on Dec. 31, 2008.

Jindal South West Holdings
Jindal South West Holdings (JSWHL) is a non-banking financial company (NBFC). Its main business activities involve investment in shares and other securities. Stock price of the company zoomed 499.90% to stand at Rs 1,807.5 a share as on Dec. 23, 2009 as against Rs 301.3 as on Dec. 31, 2008.
Its net profit rose 31.2% y-o-y during the quarter ended September 2009.
Kiri Dyes and Chemicals
Kiri Dyes and Chemicals is a manufacturer and supplier of high quality dyes and intermediates for the dyestuff industry with global presence. Stock price of the company zoomed 497.81% to stand at Rs 627.7 a share as on Dec. 23, 2009 as against Rs 105 as on Dec. 31, 2008.
During the year Kiri Dyes reported many developments like acquisition of DyStar Group and its selective assets through insolvency, incorporation of wholly owned subsidiary named Kiri International Hong Kong abroad. Its net profit for Sep quarter jumped 72.32% as against same period in the prior year

Ajmera Realty and Infra India
Ajmera Realty and Infra India is engaged in the manufacture of pre-coated steel strips/aluminium strips, which are cold-rolled and galvanised.
Stock price of the company zoomed 473.24% to stand at Rs 215.25 a share as on Dec. 23, 2009 as against Rs 37.55 as on Dec. 31, 2008.
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