Laxmi India Finance, a Jaipur-based NBFC specializing in MSME and vehicle loans, is set to debut on the stock market on Tuesday. The IPO, priced at Rs 158, saw a subscription of 1.86 times, with strong retail participation. While analysts view the stock as fairly valued, its regional focus and leverage warrant consideration.
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