Thanks to the mad rally in smallcap stocks in the last one year, smallcap funds of portfolio management service firms gave the best returns to investors. About six smallcap PMS funds gave more than 50% returns in the last one year, data by PMS Bazaar showed. Siddhartha Bhaiya-led Aequitas Investments’ ‘India Opportunities’ smallcap fund topped … Read more
HCL Technologies. Share Price 1491.30 03:59 PM | 15 Dec 2023 76.71(5.42%) Tata Consultancy Services. Share Price 3861.00 03:59 PM | 15 Dec 2023 193.75(5.28%) Infosys. Share Price 1578.40 03:59 PM | 15 Dec 2023 76.96(5.12%) State Bank of India Share Price 648.25 03:59 PM | 15 Dec 2023 24.61(3.94%) Tata Steel. Share Price 136.45 … Read more
Notwithstanding the minor dip seen in the smallcap index last week, technical indicators suggest buying momentum will continue as the selling was just routine profit booking, says Sudeep Shah of SBI Securities.. “Technically, Nifty Midcap and Nifty Smallcap are in a strong uptrend as they are marking the sequence of higher tops and higher bottoms. … Read more
Feroze Azeez, Dy CEO, Anand Rathi Wealth, says “smallcap stocks are the bottom 250 stocks of NSE 500 as per SEBI’s definition for a mutual fund investor. Putting 250 companies in one judgment itself is fundamentally incorrect. The smallest stock in the smallcap index is a Rs 3,200-crore market cap company and the largest one … Read more
Samvat 2079 has been a good year for small and mid cap stocks as equity markets navigated the highs and lows of interest rate uncertainties and geopolitical tensions. The smallcap indexes have surged over 30% during this period, compared with 9% gain in benchmark Sensex. Since last Diwali, as many as 172 smallcap stocks at … Read more
Midcap stocks with lower free float outdid their peers in the past six months in terms of returns, according to an analysis by Kotak Institutional Equities. State-run Mazagon Dock Shipbuilders and Indian Railway Finance Corporation (IRFC) occupy top slots in the list of 20 best-performing midcap stocks, which also features Fertilizers and Chemicals Travancore (FACT), … Read more
Ace investor Vijay Kedia slashed his stake in two smallcap stocks — Tejas Networks and Elecon Engineering Company — during the September quarter, as per the latest shareholding data available on the BSE. Kedia, who holds equity in the company through Kedia Securities, reduced his stake in Tejas Networks by 12 bps to 1.89% in … Read more
Ace investor Ashish Kacholia has raised his stake in smallcap Faze Three, while slashing his holdings in Safari Industries and SJS Enterprises. Kacholia increased his stake to 5.4% in Faze Three in the quarter ended September 2023 from 5.23% at the end of the June quarter, according to the public shareholding data available on BSE. … Read more
Bajaj Finserv. Share Price 1634.65 03:59 PM | 06 Oct 2023 92.11(5.97%) Bajaj Finance. Share Price 8168.55 03:59 PM | 06 Oct 2023 317.66(4.04%) Titan Company. Share Price 3309.75 03:59 PM | 06 Oct 2023 93.25(2.89%) IndusInd Bank. Share Price 1434.80 03:59 PM | 06 Oct 2023 32.96(2.35%) Tata Consumer Products. Share Price 874.75 03:57 … Read more
Small is beautiful and micro marvellous. This appears to be the new guru mantra giving mind-blowing returns to investors. While the gravity-defying rally in smallcap and midcap stocks is causing heartburn to bluechip investors, the real money is being made in the much smaller and below-the-radar SME IPO market. Out of the 105 SME IPOs … Read more