Debt-free and FII-favourites: The small-cap stars shining in 2025

November 4, 2025

A study identifies 22 debt-free small-cap companies with rising FII stakes and solid FY25 profits above ₹100 crore. CarTrade Tech, FIEM, eClerx, Swaraj Engines, and NBCC (India) lead gains with up to 103% returns.

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