The lure of small-cap multibaggers: what separates the winne

The lure of small-cap multibaggers: what separates the winners from losers is accounting quality

Indian equities are in a strong bull market. The benchmark indices have staged a smart comeback after hitting multi-year lows in March 2020 amid the pandemic breakout. And once again, the market buzz around potential multibaggers in the small-cap universe is growing louder. This makes a reality check of companies accounting standards the need of the hour.

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