“One should look selectively in opportunities in the small & midcap space where growth outlook is good, cash flow generation history is strong, and valuations are reasonable. We believe that easy liquidity days are gone and therefore one should invest in companies with strong fundamentals trading at reasonable trailing multiples than where the thesis is based on future earnings while historical performance was weak.”
Fascinate Textiles shares list at 20% discount to issue price of Rs 151 on NSE SME platform
Fascinate Textiles shares made a weak NSE SME debut on August 24, listing at a 20% discount to the IPO price despite the issue being