Looking for opportunities amid volatility? 4 smallcaps with high ROE have upside scope of up to 41%

One big challenge with small cap investing is that as soon as nifty starts to correct, small caps are the first one to feel the heat and crack. Any one who has any doubt, just look at the first two trading sessions of the last seven days. However, If the right financial parameters and other filters are applied, it may lead to a set of select stocks of potential gainers. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy" and also meeting some parameters like net margins and return on equity.