With balance sheets of corporates being strong, combined with utilisation levels inching towards optimum levels, the capex cycle revival is expected to lead to a strong boost in orders for industrial and capital goods companies. This combined with China plus one strategy and Europe plus one story emerging, the narrative of India transitioning towards upping its manufacturing presence on a global level only strengthens, said Nitasha Shankar, PRS – Head Research, Yes Securities.
6 smallcap stocks show strong price momentum and volume growth in last 3 days
ETMarkets’ analysis of BSE smallcap stocks reveals that in the past three sessions (December 4-6), six stocks have consistently increased in price, trading volume, and