Shares of Bharat Heavy Electricals Limited (BHEL) rose 3.5% after receiving a Letter of Intent for the BF800 HVDC project from Rajasthan Part I Power Transmission. Additionally, BHEL secured an Rs 8,000 crore order from Maharashtra State Power Generation for a thermal power station project. BHEL’s shares have offered 264.17% returns over the last three years.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap