Domestic brokerage firm Axis Securities is optimistic about several small and midcap stocks, predicting potential rallies of up to 27%. These include Federal Bank, Aurobindo Pharma, Sansera Engineering, Dalmia Bharat, and Prestige Estates Projects. According to Axis Securities, India’s economy remains in a favorable position, offering stability amidst global volatility.Here’s a list of 7 small & midcap stocks that can rally up to 27%, according to Axis Securities:
PSU banks attract strong FII, DII interest as promoters reduce exposure: Motilal Oswal
Public Sector Undertaking banks are now favourites. Foreign Institutional Investors and Domestic Institutional Investors are showing increased interest. FII stakes in PSU companies rose to