Small towns in India are becoming major retail growth centers. This is leading many regional companies to plan initial public offerings. These companies aim to raise significant funds to expand their operations. Rising incomes and better connectivity are fueling this trend. Consumers in these areas are increasingly buying branded products. This shift signals a new era for Indian retail.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain