650% rally in five years! Small-cap multibagger stock in focus after issuance of foreign currency bonds

[ad_1] Kellton Tech Solutions share price is expected to remain in focus on Monday after the company announced the issuance of foreign currency bonds. The company’s board of directors has approved the allotment of the Foreign Currency Convertible Bonds (FCCBs) worth $10 million to eligible investors. The Security Issuance Committee of the Board of Directors…

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37,700% rally in five years! Multibagger small-cap stock completes fundraise after issuance of equity against warrants

[ad_1] Multibagger small-cap stock: Hazoor Multi Projects today, May 2, announced that the fundraising committee of the company has approved the allotment of 10,00,000 equity shares by conversion of warrants. The shares are being issued at ₹30 per share of the face value of ₹1 each. This allotment is pursuant to the conversion of 1,00,000…

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Why this fund wants to keep equal weight across 500 stocks

[ad_1] A 500-stock index is typically expected to offer wide diversification to investors, but the Nifty 500 index has a large-cap bias. However, a recently launched rule-based fund—the Nippon India Nifty 500 Equal Weight Index Fund–aims to give broader diversification across large-, mid-, and small-cap stocks. How it works Instead of market-cap weights, the fund…

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Despite valuation comfort in largecap stocks, PL Capital’s Vikram Kasat sees opportunity in small and midcaps

[ad_1] Indian stock market investors should capitalize on the growth potential of midcap and smallcap segments while having defensives like largecap pharma, IT and consumer in their portfolio, said Vikram Kasat, Head – Advisory, PL Capital – Prabhudas Lilladher. In an interaction with Livemint, Kasat said there is more valuation comfort in largecap stocks and…

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Nifty 50 may rise 11-13% in next 12 months, cautious on midcaps, says Anand Rathi; Hero Moto, ICICI Bank among top picks

[ad_1] The medium to long-term outlook for the Indian stock market remains robust and the benchmark Nifty 50 index is expected to give around 11-13% returns in the next twelve months, analysts at brokerage firm Anand Rathi said. While the smallcap stocks are expected to outperform the brokerage firm remains more cautious on midcap stocks…

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