Popular Vehicles IPO debuted with discounts on NSE and BSE. The company’s revenue segments include passenger, commercial vehicles, and electric vehicles. It closed on March 14 with a P/E of 28.9x based on FY23 earnings.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain