BUSINESS
Mid-cap companies are those with capitalization between 2-10 billion dollars, while small-cap corporations have between 300 million-2 billion dollars.
Small and midcap stocks have outperformed frontline indices in the year 2020 amidst Covid-19 pandemic and is expected to continue with its outperformance is 2021 as well, suggest experts.
After two years of underperformance, small and midcaps came back in limelight this year. Not just Indian investors but foreign investors (FIIs) are also looking to capture big gains in small sizes.
Mid-cap companies are those with capitalization between 2-10 billion dollars, while small-cap corporations have between 300 million - 2 billion dollars.
One big reason for the outperformance of the small and midcap stocks, is the valuations and with the economy bouncing back, broader market could deliver big gains.
Experts suggest that the strategy should be to allocate money in quality small and midcap stocks which could rise in value as the economy rises.
Another big factors which is fuelling the optimism in the small and midcap space is the September quarter earnings. India Inc. did manage to surprise the analysts' community and strong management commentary suggests that worst is behind us.
IT and Healthcare as well as Realty were the top sectors that closed with gains of more than 5 percent in mid September.
As many as 96 stocks in the S&P BSE Smallcap index which rallied 10-40 percent in the last five trading sessions. These include Intellect Design, Avanti Feeds, Tata Investment, IOL Chemicals, Cyient, Deepak Nitrite, VIP Industries and Syngene International.
The September 30, 2020 quarter results beat consensus forecasts for most small and midcap (SMID) stocks, according to analyst commentary. Edelweiss Securities in a report highlighted that the Street was very cautious by Q1-end and then the recovery turning out to be sharper than expected.
'Importantly, Q2 earnings and accompanying management commentary has led to strong upgrades in FY22 estimates. Consensus continues to play catch-up in this recovery,' added the report.
The recent SEBI guidelines on the Multicap funds have opened room for more money to flow into smallcap space which remains underweight in most mutual fund portfolios.
Muslim wedding card goes viral for THIS bizarre reason, leaves netizens amused, check here
Surat: School students parade luxury cars to celebrate farewell, probe underway, watch viral video
Elon Musk offers this huge amount to buy ChatGPT maker OpenAI, Sam Altman says 'no thank you but...'
Pune: Pakistani currency note found in housing society near National Defence Academy; probe on
YouTube removes Ranveer Allahbadia's controversial video after Modi government's notice
Here's why Not Like Us singer Kendrick Lamar won't get paid for Super Bowl Halftime Show performance
Meet Samay Raina, creator of India's Got Latent, accused of promoting vulgarity, he is from...
Bank Holiday February 2025: Banks to remain closed in THIS state today due to...
Donald Trump issues BIG warning to Hamas, says 'all hell will break out' if...
Anil Ambani's RCap buy: Hinduja Group firm set to acquire debt-ridden Reliance Capital by THIS date
Meet man, MBA graduate from Harvard, who leads one of world’s big tech firms as CEO, he is...
Delhi-Dehradun Expressway opens, check travel time, toll fee and more
What happens during Snow Moon and when does it appear? Check dates and when to see
‘RBI’s gold buying is...’: FM Nirmala Sitharaman talks about rising gold reserves by central bank
Meet the Muslim king all set to challenge Donald Trump over Gaza, he is from...
Ranveer Allahbadia’s viral joke on Samay Raina's India's Got Latent was stolen! The original was...
THIS Indian billionaire carries coffin of his employee, netizens call him ‘true leader’
Days after Jeet Adani-Diva Shah's marriage, Gautam Adani set to spend Rs 6000 crore on...
'Please let me stay the night:' Female trainee asked to leave Infosys premises at 6 pm even after...
Auto driver’s son studies at IIT, but luxury hotel refuses his auto's entry, billionaire calls it...
Who is Kuldeep Sharma? Ex-IPS gets three-month jail term in...
Meet woman, who lived in village, later got job at Amazon, now working in US as...
Beef Biryani Row Explained: Police file FIR day after incident at AMU; here's what happened
Meet Anant Ahuja, Sonam Kapoor's brother-in-law who reportedly got Rs 6.56 cr by USAID
BIG move by Mukesh Ambani, launches Rs 10 product with former cricket star, it is...
Car gets stuck in wheat field in the dead of night, know what Google Maps error caused later
The Chabahar Puzzle: India’s Connectivity Dreams in US-Iran Turmoil
Delhi: Girls showcase their skills, strength in netball, Aali and Lal Kuan emerge winners
Elon Musk reacts to UK MP’s demand to replace 'Bengali' signboard at London Station, check here
Anupam Mittal's unique gift to Gautam Adani's son Jeet Adani will leave you in splits
Man dies after being sexually assaulted in Delhi, one arrested, this is what happened
After Deepinder Goyal's Zomato, here is the list of Indian companies that recently rebranded
Life Insurance Quotes Explained: Guide to securing your family’s financial future
Winter Essentials: Must-have home appliances to keep you warm, cozy
'Ishq Na Kario' Releases: Abhishek Kumar takes his first step in cinema
Roadmap to building Rs 5 crore retirement corpus with NPS
Sri Lanka suffers nationwide power outage due to monkey, know what exactly happened
Fatima Sana Shaikh makes this BIG claim about male actors, says, 'If Shah Rukh Khan...'
The Visionary Behind Modern Data Platforms: Shreesha Hegde’s blueprint for industry success
Sam Nujoma passes away at 95: Know all about Namibia's fiery freedom fighter and first president
'Jahan Kaam, Wahan hum': PM Modi pitches leadership mantra to students during Pariksha Pe Charcha
Raheja Developer's 42-floor The Leela Sky Villas to bring ultra-luxury to Central West Delhi
Cristiano Ronaldo doesn't have any tattoos, reason will leave you SHOCKED, it is...
Prayagraj sees 300-km-long traffic jam, leave devotees without food, water amid Mahakumbh
Tirupati Laddu Prasadam row: CBI arrests four people in ghee adulteration case
JEE Mains 2025 Result: NTA JEE Session 1 result to be declared on..., know how to download scorecard
Donald Trump reveals BIG plan, says committed to 'buy and own' Gaza, allow others to...
Did Lionel Messi’s son Thiago score 11 goals in single match for Inter Miami? Here's the truth