Swasth Foodtech IPO: Swasth Foodtech India’s SME IPO, open since February 20, was fully subscribed 3.92 times by February 23. The ₹14.92 crore issue closes on February 24, with listing expected on February 28. The company specializes in processing edible rice bran oil.
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