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Between midcap and smallcap funds, the latter has seen the highest inflows in 2023 to the tune of Rs 26,305 crore. On the contrary, largecap funds have seen net outflows of Rs 3,607 crore in the same period.
Texmaco Rail share price: The stock plunged 16.88 per cent to hit a day low of Rs 133 over its previous close of Rs 160. At today's low price, the scrip was down 18.83 per cent from its 52-week high of Rs 163.85, hit during the previous trading session on Monday.
"The trap most retail investors fall for is that they are constantly looking for the ‘next good idea and they often end up ignoring the stocks in their existing portfolios that have potential to become multibaggers. The multibaggers are not an outcome of shifting from one stock to the next, it is a matter of holding it for a good stock long enough to give you outsized returns."
Multibagger stock: Shares of MTAR Technologies, which made core parts of the rocket engines and core pumps of cryogenic engines required for take-off of Chandrayaan-3, have delivered multibagger returns to investors. Is there more steam left, and should you buy? See what analysts say.
Topping the list is Kintech Renewables stock, which has jumped 7 times in FY24 and given more than 40% return so far in the month. The smallcap stock with a market capitalisation of just Rs 1,500 crore hardly has any analyst coverage.