Sebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business transfers to indirect subsidiaries. The regulator found no evidence of misleading financial statements, accounting irregularities, anti-fraud violations or improper profit recognition.
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