Domestic brokerage firm Axis Securities is optimistic about several small and midcap stocks, predicting potential rallies of up to 63%. These include Prestige Estates Projects, Lupin, Dalmia Bharat, Max Healthcare Institute and APL Apollo Tubes.Here’s a list of 7 small & midcap stocks that can rally up to 63%, according to Axis Securities:
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.