For investors with long-term perspective and ability to ignore volatility: 6 small-caps from with upside potential of up to 43%

Apart from the business risk which every stock has, small-caps have another, inherent risk. This is technical in nature, but can prove a big headache if you are caught on the wrong foot. Many small-caps have limited floating stock. So, a bout of buying can lead to a sharp rise in prices, which is good in bullish times. But, if there is even a small bout of selling when valuations are high, there is hardly any buyer. In the past year small-caps have seen both scenarios: Being the most loved as well as being the most battered. Now extremes never last in the market. So, has the time come to increase your risk quotient and look at some small-caps with a long-term perspective? Perhaps, but with one caveat.