The brokerage said the estimated Price to Earnings ratio – a popular valuation measure – at 19 times is near its five-year average, while foreign investors are most underweight in 15 years.
MFs are ramping up exposure to smallcaps, with 13 picks soaring up to 115% in six months and three turning multibaggers.
Tata Investment Corporation posted 69% YoY profit growth to Rs 63.83 crore, driven by strong dividend and investment gains. Revenue surged 143%, while lower taxes
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