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.
Yes Bank shares rise 3% after Q2 business update shows loans surging 24% YoY, deposits up 20%
Yes Bank shares rose after the lender reported a 23.8% YoY growth in loans and advances to around Rs 3.1 lakh crore in Q2 FY27.