Smallcap stocks have displayed notable earnings growth as 23 companies, including Shakti Pumps and GE T&D, reported consistent EPS increases over four quarters. The sector’s robust performance is expected to continue, driven by telecom, realty, and healthcare, despite high current valuations. Analysts predict strong growth with a CAGR potentially exceeding 20% for FY24-26.
Govt seeks House nod for extra ₹51,463 cr spending
The Indian government has sought parliamentary approval for an additional net expenditure of ₹51,463 crore for the current fiscal year, on top of a previous