Shares of smallcap companies were on a roll on Monday as the S&P BSE SmallCap index outperformed the benchmark indices. The index was up 1.4 per cent at 28,618 points and hit a new high on the BSE after a strong rally in sugar, textiles, chemicals and iron & steel products stocks. In comparison, the S&P BSE Sensex and the S&P BSE Midcap index were up 1 per cent each at 11:43 am.