Kaynes Technology India, Syrma SGS surge after Morgan Stanley's 'overweight' rating
Morgan Stanley has assigned a target Price of Rs 2,440 a share for Kaynes Tech and Rs 671 for Syrma SGS
Source: moneycontrol.com
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Midcap Mania! 330 stocks chased by 30 midcap funds gave double-digit returns in FY24
The mutual fund industry saw about 19% of the total inflows coming into midcap funds in the said period. If we were to look at the 2023 period, then midcap funds garnered inflows worth Rs 14,444 crore, according to data shared by the Association of Mutual Funds in India (AMFI).
Source: indiatimes.com
multibagger returns: These 5 stocks held by atleast 5 MF schemes gave multibagger returns in FY24
Money flew into the midcap and smallcap funds in all the months of 2023. While midcap funds garnered inflows worth Rs 14,444 crore, smallcap funds attracted inflows of Rs 26,305 crore. On the contrary, largecap funds have seen net outflows of Rs 3,607 crorein the same period.
Source: indiatimes.com
kaynes tech share price: Fundamental Radar: Why Kaynes Tech can see strong earnings growth, Narendra Solanki explains
Kaynes gets 90% of its revenue from India, while the rest is from international markets, and it serves industries such as automotive, industrial, railways, medical, aerospace etc.
Source: indiatimes.com
120 mid & smallcap stocks zoomed up to 640% in FY24; is the party in broader markets over now?
In the broader market space, BSE smallcap index has surged about 48 per cent in its 52-week low hit on March 28, 2023, while BSE midcap is up by 42 per cent since the same time from its yearly lows.
Source: businesstoday.in