Smallcap Multibaggers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Siddhartha Bhaiya says: "We believe that the capex cycle play could be a long structural play, particularly in India. We are amidst a big infrastructure growth cycle which is not only the need of the hour for our country but is also encouraged by strong policy support. The capital goods sector had been an ignored sector of the last decade wherein there was hardly any capacity addition and a lot of inefficient players went out of business. "

The list of 35 companies include names such as Olectra Greentech, RateGain Travel Technologies, Titagarh Rail Systems, KPIT Technologies, Thomas Cook, Prestige Estates Projects, Ramky Infrastructure, Skipper, Jupiter Wagons, all of which are part of the S&P BSE Smallcap index. The list also includes midcap names such as Trent, Adani Power, Adani Green Energy, Infibeam Avenues, Oberoi Realty, and Hindustan Copper, all of whom have seen strong earnings growth and have given double-digit returns so far in 2023.

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.