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With a long term perspective: 5 smallcap stocks from different sectors with some checks and balances

On a day when Nifty is trading with a cut of over 1% and Nifty Bank is over 3% down. Several investors would be looking at their portfolios. Probably there would be two very different thoughts that might be coming to the minds. It could be either that smallcaps are a good set of stocks because, despite Nifty s fall, they have not fallen as much so why should one be bothered? Or there is the possibility that some would be thinking that this fall in Nifty can be now moved to smallcaps in some days so sell smallcaps. Now an investor who has taken exposure to smallcaps should first de-link both these correlations with what is happening to the Nifty. He or she should look at individual stocks and then decide to either hold or sell the individual smallcaps as in this space, while collective winds do impact these stocks but at the end of the day long-term performance is determined by the fundamentals of each company. ....

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Gandhi Special Tubes Ltd Q1 FY2024 PAT climbs to Rs. 15.76 crores

Gandhi Special Tubes Ltd Q1 FY2024 PAT climbs to Rs. 15.76 crores
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Gandhi Special Tubes Ltd recommends dividend of Rs. 12

The board of directors of Gandhi Special Tubes Ltd has recommended a Dividend of Rs. 12/- i.e., 240% per equity share of Rs. 5/- each, fully paid-up of the Company, for the financial year ended March 31, 2023. ....

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