Exporters seek exemption from 45-day payment rule for supplies from MSEs
The new rule, Section 43B(h) of the Income Tax Act, introduced in the Finance Act 2023, is designed to make sure small businesses get paid on time. It allows companies to get tax breaks if they pay their small business suppliers within the time limits set by the MSMED (Micro, small and Medium Enterprises Development) Act, 2006. Key Points
Economic TimesInvesting in smallcaps in volatile times: Just do a bit of hard work and add a pinch of patience
In a period where small-cap stocks underperformed significantly, leading to a situation where large investors were calculating their losses in their small-cap holdings, there would be a group of steadfast enthusiasts who continue to see potential in small caps. Investing in these stocks, even amidst turmoil, can be sensible for those prepared to maintain their investment for three to five years. However, it's crucial to recognize the distinction between high-quality and poor-quality businesses across the small, mid, and large-cap spectrums, as well as the difference between the intrinsic value of a stock and the overall value of the company. Certain niche small businesses may still generate significant returns over time if they are held long enough. On the other hand, if one's approach to small-cap investments is merely based on the absolute value of a stock with hopes of a tenfold increase, then it's a misconception. Stock market investing, whether in small, mid, or large caps, should not be driven by unrealistic expectations; otherwise, it leads to nothing but undue stress, rather than substantial returns. Key Points
Economic TimesRisks are of different kinds: The ‘market risk’ and ‘unnecessary self-created anxiety risks’; avoid the la
In a fortnight where smallcaps were the worst performers and large investors are counting on how much losses their smallcap portfolio have incurred. There are still some die-hard small fans who would be looking to invest in small caps and there is nothing wrong in investing in small caps even in mayhem if one is sure of holding it for the next three to five years. The only thing that needs to be ensured is that one should understand that there is a difference between a good business and a bad business even in the small, mid and largecap segments. There is a difference in the absolute value of the stock and the value of the company. There are some businesses that will remain small but are so niche that they will still make wealth for you if you hold them for some time. But if your definition of smallcap stocks is a stock that is quoting at below Rs 20 or an X amount and the reason you want to buy that stock is because you are hoping your money will grow by ten times, then forget small, mid or large, the stock market is not a place where you will make a return, the only thing you will get is unnecessary anxiety. Key Points
Economic TimesIn smallcaps there is 'market risk' and 'unnecessary self-created anxiety risk': Check critical things to
In a week, where small caps were the worst performers and large investors are counting at how much losses their small cap portfolio have incurred. There are still some die hard small fans who would be looking to invest in small caps and there is nothing wrong in investing in small caps even in mayhem if one is sure of holding it for next three to five years. The only thing which needs to be ensured is that one should understand that there is a difference between a good business and a bad business even in the small , mid and large cap segment.There is a difference in absolute value of the stock and value of the company. There are some businesses which will remain small but are so niche that they will still make wealth for you if you hold them for some time. But if your definition of small cap stocks is a stock which is quoting at below Rs 20 or an X amount and the reason you want to buy that stock is because you are hoping your money will grow by ten times, then forget small, mid or large, stock market is not a place where you will make a returns, only thing you will get is unnecessary anxiety. Key Points
Economic Times45-day payment rule to MSMEs: FinMin looking at a possible tweak
Concerns aired from multiple corners. A section of MSMEs worry that this may impact relations with suppliers and buyers, others say their systems are not ready for this provision. Key Points
Business Today
Zoho Corporation launches Zakya for POS solutions
India Business News: Zoho Corporation has launched Zakya, a modern POS solution for retail stores. The cloud-based POS solution helps small and medium-sized retailers streamline their day-to-day operations with improved inventory management, omnichannel sales, and customer experience. Key Points
Times Of IndiaTaking risk and understanding risks are two different things: 5 smallcap stocks from different sectors
Risks are higher, but desire to own them is at the highest. This probably explains the current state of relationship between the small cap segment of the market and investors. One of the reasons for it could be the recent performance of small caps and the kind of return they have delivered in the last eight months. This has brought them in the category of stocks where the desire to own them is “highest”. But the fact which gets ignored in such conditions is that “risks” are also higher. Especially the market liquidity risk and the risk of corporate governance being thrown out of the window. There are many risks which are being ignored and largely because of one reason, the narrative and price action on the street. So, while you take risks, understand the risk and try to manage the risk. Key Points
Economic TimesCheck vitals before admitting them in your portfolio: 5 smallcap stocks from different sectors
In the last three days, including this morning when markets opened for trading, all those investors who have overloaded small caps in their portfolio have probably gone through three different emotions. Monday , my portfolio has gone dramatically, should I sell. Tuesday, my portfolio value has recovered, it was just a correction, should I buy more. This morning, once again why the value of my portfolio is down, should I sell. For all those who have gone through these emotions. Let the market be volatile, don't make volatile decisions. Corrections are part of any market and especially when valuations are high, the frequency and magnitude of correction will be higher. For all those who are looking to deploy more money and are focussed on small caps, it would be better to put more checks and balances, both qualitative and quantitative and be selective in buying stocks. More importantly, even after putting in all the efforts of checks and balances, be ready to see a short term drawn down in the value of your portfolio, because if there is a deep correction in the markets, small caps, stocks tend to shed more weight. Key Points
Economic TimesIndian businesses fear higher taxes over unsettled dues to small vendors as March 31 deadline inches close
Indian businesses are facing a higher tax outgo due to a new law that requires them to clear outstanding dues to small and micro vendors within 45 days. The law, passed in 2023 and unchanged in the 2024 budget, treats incurred expenditures as income on which tax must be paid for FY 24-25. Many businesses are consulting auditors and tax experts to estimate the extent of the impact and find ways to avoid a tax blow. Some small units are even considering surrendering their 'small and micro' registrations to protect their order books. Key Points
Economic TimesFD interest rates: 6 banks offer 9% or more on senior citizen FDs
Given below is a list of six banks which are offering more than 6% interest on fixed deposits (FDs) of an amount less than Rs 2 crore. The highest FD interest rate is being offered by Unity small Finance Bank. Key Points
Economic Times
Lending to the bottom of pyramid: 4 small finance banks with upside scope of up to 36%
When it comes to the rural economy, most believe that it is auto and FMCG companies which give a good idea how the rural economy is working, But there is another set of companies which might have a better insight on how the rural and even semi urban part of the economy are doing because they work in this part of the country and also because of the fact of lending in those businesses which operate in the area. Despite all the headwinds, these small finance banks have been able to grow. Key Points
Economic TimesFinancing the growth in Bharat: 4 small finance banks with upside scope of up to 38%
It might surprise many of you, ask your driver, your help at home, or the small chai shop owner how much interest he pays when he or she takes an unsecured loan taken in the private loan market. He or she might be paying four to five times more than the interest rate which any regular bank charges on an unsecured loan. That is what led to the birth of microfinance companies, now many of them are small finance banks. They are providing lending at the lowest end of the pyramid. Their interest rates were higher than normal banks would charge, but would surely much lower than what private money lenders in these parts of the country charges. That is where the opportunities are present for these small finance banks. After a phase of tough regulatory challenges, they have emerged stronger. Key Points
Economic TimesFor risk takers: 5 smallcaps from different sectors with right mix of RoE and RoCE
When it comes to small cap investing, the word “agnostic” becomes very important. The reason one should be “sector agnostic” is that there are small cap companies across sectors which have potential to do well. Then one should “ recommendation agnostic” the reason, majority of the small cap companies are not covered at all by a single analyst and hence they don't have recommendations of either buy or sell. So, when it comes to small cap stocks, look beyond what analysts are tracking. But remember one principle that risks are highest in this category of stocks. Key Points
Economic TimesAdd quantitative checks to avoid mistakes: 5 smallcap stocks with upside potential of up to 52%
While it is a well known fact that small caps as a segment are more prone to risks of sharp decline. However, the reality is that when small caps are doing well, all the caution is thrown out of the window. The reason is, small gains also tend to gain very sharply in a short period of time and that is what makes them attractive to investors. Given the valuations, at this point of time, it would be logical that investors should put more checks and balances while navigating the small cap space. Also beware of rude shocks which this segment of the market may witness given the fact there are more headwinds ahead.ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesJust some more checks and balances: 6 smallcap stocks with upside potential of up to 39%
When it comes to equities, small caps have been the riskiest place to take exposure. When bears come roaring, they are the first one to fall and they are the last one to join the party. The reason, right from low liquidity to a balance sheet which will come under pressure as soon as there is any economic slowdown, last but not least is the quality of corporate governance. Having said that, it is also a space where if one is able to find the right stock at the right time, gains are much higher. So a space with the highest risk and highest reward. So while chasing reward, beware of risk. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic Times
Taking risk, but with more checks and balances: 5 smallcap stocks with upside potential of up to 32%
After refusing to leave the party when nifty and senex corrected for the last two months, small cap stocks witnessed correction in the last three weeks. One trend which has appeared is that on the day when the small index is down, the breadth of the whole segment is extremely weak. It is an indication that investors should put more checks and balances while navigating the small cap space. Also beware of rude shocks which this segment of the market may witness given the fact there are more headwinds ahead.ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesFor risk takers: 4 smallcaps with right mix of ROE and ROCE can rise up to 30%
In the last three weeks, nifty might have come under pressure but bulls are still very much in control of the street. This is clear from breadth in small and mid-cap space. Even on a bad day the extent of decline is not very severe. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or Strong Buy and also meeting parameters like return on equity and return on capital employed. Key Points
Economic TimesFor risk takers: 5 smallcaps with right mix of ROE and ROCE can rise up to 44%
Even when nifty has been correcting, the participation in the small cap segment high and breadth is better in most of the trading sessions. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or Strong Buy and also meeting parameters like net margins and return on equity. Key Points
Economic TimesFor risk takers; 4 smallcaps with right mix of ROE and ROCE and having an upside scope of up to 26%
While small caps have been moving upward for the last many weeks, as the nifty touches a new high every second day, higher participation of the small cap segment. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or Strong Buy and also meeting parameters like net margins and return on equity. Key Points
Economic TimesFor risk takers: 4 smallcaps with right mix of ROE and ROCE have upside scope of up to 27%
As nifty touches all time high, more small caps stocks are likely to join the party. Infact for last many weeks, even on days when select stocks are bringing nifty under pressure, breadth of small cap seems to be holding out. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or Strong Buy and also meeting parameters like net margins and return on equity. Key Points
Economic Times
Cementing growth: 5 mid & smallcap cement stocks with an upside potential of up to 29%
While large cement companies might be in the news for one or the other reason, it is the small and midcaps which have shown better than expected performance in Q4. A number of them have reached the capacity levels from where increase in capacity leads to more operating gains. We take a look at what analysts are saying across midcap cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters. Key Points
Economic TimesOpportunities amid volatility; 5 smallcaps with high ROE and ROCE have upside scope of up to 21%
As the nifty continues to move upward, more small caps stocks are joining the party. Even on days when select stocks are bringing nifty under pressure, breadth of small cap seems to be holding out. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or Strong Buy and also meeting parameters like net margins and return on equity. Key Points
Economic TimesOpportunities amid volatility; 6 smallcaps with high ROE and ROCE have upside scope of up to 36%
As the nifty continues to move upward, small caps are joining the party. Even on days when select stocks are bringing nifty under pressure, breadth of small cap seems to be holding out. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or Strong Buy and also meeting parameters like net margins and return on equity. Key Points
Economic TimesNawazuddin Siddiqui says true romance happens only in small towns, not cities
Nawazuddin Siddiqui feels love can only happen in small towns and not in big cities as the people tend to judge each other. He calls himself ‘romantic.’ | Bollywood Key Points
Hindustan Times5 mid and smallcap cement stocks which can deliver over 16% returns, according to analysts
While large cement companies might be in the news for one or the other reason, it is the small and midcaps which have been showing better than expected performance in Q4. Some of them tend to get ignored because they are regional companies or their overall capacity is not very high. However, from the stock market perspective one has to look at the overall picture. We take a look at what analysts are saying across mid and small cap cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters. Key Points
Economic Times
Best small cap mutual funds to invest in 2023
Axis small Cap Fund, one of the recommended schemes, has been in the third quartile for the last two months. The scheme had been in the last quartile two months before that. SBI small Cap Fund has been in the third quartile for the last three months. Key Points
Economic TimesLooking for opportunities amid volatility? 5 smallcaps with high ROE have upside scope of up to 39%
Nifty sneezes and small caps catch cold. But small investors love the cold. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or Strong Buy and also meeting some parameters like net margins and return on equity. Key Points
Economic TimesLooking for opportunities amid volatility? 5 smallcaps with high ROE have upside scope of up to 46%
First to fall and last to rise, this is what sums up how small caps have acted for the last many decades on Dalal street. However the best return also came from this space if one had picked the stock. For which using the right financial parameters and other filters is required. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or Strong Buy and also meeting some parameters like net margins and return on equity. Key Points
Economic TimesHema Sharma: My struggle helped me survive in the industry
Actor Nidhi Sharma, hailing from a small town in Uttar Pradesh, talks about her decade-long journey in the entertainment industry and her recent work in web series Inspector Avinash. Despite facing hardships, Sharma never gave up on her dreams and is keeping her fingers crossed for more opportunities. She initially wanted to be a choreographer but ended up taking small acting roles to survive. | Bollywood Key Points
Hindustan TimesThese 3 smallcaps that stood up to bears have 'strong buy' & 'buy' ratings & upside scope of up to 59%
These small cap companies have shown positive returns in the last one year at a time when small caps were under pressure as stock markets have been overwhelmed by headwinds. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation of “buy” or strong buy . Key Points
Economic Times
6 smallcap stocks with high ROE & consistent return on capital employed
Investing in small cap stocks is one of the toughest challenges for any investor. However, if an investor gets his decision right, the returns on investment on getting (ROI) are high. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or Strong Buy and also meeting some parameters like net margins and return on equity. Key Points
Economic TimesVolatility may be an opportunity; 4 smallcaps with high ROE & consistent return on capital employed
Investing in small cap stocks is one of the toughest challenges for any investor. However, if an investor gets his decision right, the returns on investment on getting (ROI) are high. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or Strong Buy and also meeting some parameters like net margins and return on equity. Key Points
Economic TimesSmallcaps that managed to keep their head above water. 4 stocks with “Strong Buy” & “Buy” reco that can ra
These small cap companies have shown positive returns in the last one month at a time when markets have been overwhelmed by news and other developments. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation of “buy” or strong buy . Key Points
Economic TimesContrarian investing: 5 smallcap stocks with an upside potential of more than 23%
One big challenge with small cap investing is that as soon as nifty starts to correct, small caps are the first one to feel the heat and crack. But using some parameters may help in avoiding the possible mistakes. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential of more than 20% over the next 12 months, having an average recommendation rating of “Buy” or Strong Buy . Key Points
Economic Times9.5% interest on FDs in small finance banks: How to invest in fixed deposits 'safely' to get best return
Small finance banks are offering as high as 9.5 per cent interest rate on fixed deposits. Should you go book an FD in a small finance bank to get sky-high return? Here are the key things you need to check while booking a fixed deposit in small finance banks. Key Points
Economic Times
Mahadev app is linked to the explosive surge in small cap stocks
In a significant development in the ongoing probe into the Mahadev app-linked money laundering case, ED froze a few days ago shares worth Rs 1,100 crore held in demat accounts linked to a Dubai-based hawala operator , an accused in the case. Recently, the chairperson of Sebi said the regulatory body is actively scrutinizing the small and mid-cap segments for additional signs of manipulation. Key Points
Economic TimesRetail frenzy creates Rs 17,500-crore confusion for smallcap fund managers
Even as retail investors continue to loosen purses for smallcap mutual funds, AMCs are sitting on a cash pile of Rs 17,500 crore. Fund managers have chosen to keep about 7.6% of the total assets under management (AUM) in cash, shows data collected by ET Mutual Funds. Key Points
Economic TimesWhat is passive strategy in mid and smallcap versus active strategy? Nirav Karkera explains
Nirav Karkera says: “There is a lot of new to mutual fund money coming in at this point in time. It is not just the category rotation that is happening but there are also fresh SIPs outside the industry that are moving into the industry at this point in time. It will be a very good push towards the flows in these specific categories, small and midcap very specifically.” Key Points
Economic TimesESAF small Finance Bank IPO: GMP, subscription status on day 2, review, other details. Should you subscribe?
ESAF small Finance Bank IPO received strong response from investors, with 1.74 times subscriptions from NIIs and 1.98 times subscriptions from retail investors on day one. Key Points
mintTop 10 small fridges with sleek designs and innovative functions: From Samsung, LG and more
Know the ultimate in compact cooling with our top 10 small fridge picks, blending modern features for maximum convenience. Perfect for tight spaces, these appliances offer sleek designs and innovative functions, redefining small fridge efficiency. Key Points
mint
We encourage investors to come via SIPs with 3-5-year horizon: A Balasubramanian
ABSL AMC's A Balasubramanian emphasizes stress tests, portfolio liquidity, and SIP investments for small and midcap funds. Market liquidity, retail investors, and informed decisions play crucial roles in managing risks effectively. A Bala further says: . The current discussion, which has been there for quite some time in consultation with AMFI committee as well as Sebi, is more of a deep dive given that this segment of the market has been getting more money in the last few years. Key Points
Economic TimesIndia calls for zero tolerance for terror actors, sponsors at UN
India's UN representative, Ruchira Kamboj, urged zero tolerance towards terror groups and their patrons, emphasizing how the illicit small arms trade sustains conflicts. Stressing India's firsthand experience with cross-border terrorism, she highlighted the dire impact of terrorist violence facilitated by smuggled weapons, including drones. Kamboj advocated international collaboration to curb arms trafficking, endorsing UN initiatives for control and tracing. India, committed to stringent export controls, highlighted its involvement in the Wassenaar Arrangement, aiming to fortify global non-proliferation efforts, especially concerning small arms and light weapons. Key Points
Economic TimesESAF IPO listing: ESAF small Finance Bank share price debuts at 18.33% premium at ₹71 on NSE
ESAF small Finance Bank share price listed at ₹71, 18.33% higher than the issue price of ₹60 on NSE. ESAF small Finance Bank IPO GMP is +16, indicated a premium of ₹16 in the grey market. Key Points
mintCCI gives nod to merger of Fincare small Finance Bank, AU small Finance Bank
New Delhi [India], January 24 (ANI): The Competition Commission of India (CCI) has granted its approval for the merger of Fincare small Finance Bank Limited (Fincare) and AU small Finance Bank Limited (AU). According to CCI, this significant move is poised to reshape the landscape of the small finance banking sector. Show Full Article The […] Key Points
ThePrintSensex Today | Share Market Live Updates: Sensex, Nifty to start on stable note; Gift Nifty in green
Sensex Today | Share Market Updates: The Indian stock market is expected to rise at the start on Monday as Gift Nity is trading in the green. Wall Street fell on Friday bringing the S&P 500 10% below the peak it reached in July. Asian markets are trading on a mixed note in the morning session. Key Points
MintLisa Marie Presley's cause of death was bariatric surgery complication
Elvis Presley's only child died suddenly at the age of 54 in January 2023. Her cause of death was revealed to be linked to weight loss surgery. Key Points
Insidersmall finance banks wish to shed small tag, wait for RBI signal to seek universal license
Small finance banks in India, including AU, Equitas, and Ujjivan, are waiting for regulatory approval to upgrade their licenses and become universal banks. Despite already offering a wide range of products, these banks want to shed the small bank label to improve their perception among stakeholders and attract more depositors. Key Points
Economic TimesShankar Sharma’s tips for young investors entering the market
Investment expert Shankar Sharma advises small investors to adopt a marathon run approach when investing in Indian stocks. He suggests buying 50 stocks initially and, over two or three quarters, identifying 10 to 15 that perform very well. The poor performers should be sold and the capital reinvested into the winners. Sharma recommends younger investors focus on small- and mid-cap stocks when starting out, rather than the larger, more stable companies. Key Points
Economic TimesNot all smallcaps are same; 3 best smallcap funds for investors: Feroze Azeez
“FIIs broader market interest has gone up dramatically. Second, it says that India has a reasonably large number of stocks in the capital markets, largest in the world, in fact. India cannot be represented by the top 100. The domestic guys have also had flows over the last few months.” Key Points
Economic TimesMaruti Suzuki Q2 net profit jumps over 80 pc to Rs 3,717 crore
Mumbai, Oct 27 (PTI) Maruti Suzuki India’s net profit surged 80.3 per cent to Rs 3,716.5 crore in the July-September quarter, driven by better sales, softening commodity prices, cost reduction efforts and higher non-operating income. The company had delivered a net profit of Rs 2,061.5 crore in the second quarter of the fiscal year ended […] Key Points
ThePrint
Why has this fund manager always been a midcap and smallcap investor?
Aequitas Investments, a small and mid-cap investor, is still finding companies in the small and midcap sector with inexpensive valuations and continues to invest in them. While there is froth in the small and mid-cap space, there are still pockets with attractive valuations. Aequitas Investment's small-cap strategy has been the top performer in September, driven by long-term calls in sectors such as infrastructure and manufacturing. Thematic funds focused on India's growth story are expected to do well, but it is important to enter at the right stage Key Points
Economic TimesCorrection is not a worry, but a bubble in small caps could be: Rahul Singh, Tata Asset Management
Nobody really factors it in, and when the correction finally happens, everyone asks the same questions that they should not be asking if they had invested in small caps. There are some things that are in our hands, and some that are not. Key Points
Economic TimesMarket to be in consolidation phase over next 1-2 quarters: Mahesh Nandurkar
I mean, the risk-free rates in the US have gone back up to the peak levels that we saw back in March. So, when you are able to make a 5% risk-free rate in the US, then that is obviously going to be something that will put equity valuations all over the world into a question mark, so that is one thing that we need to keep in mind. Key Points
Economic TimesAspire to grow U GRO as India's largest small business financing company: Shachindra Nath
U GRO Capitals Vice Chairman and Managing Director, Shachindra Nath, has announced that the firm is targeting over INR 25,000 crore ($3.42bn) in the next three to four years, with an immediate goal to reach INR 18,000 crore by 2025. Nath stated that U GRO Capital is on track to meet these goals, with Q3 profits marking the third consecutive quarter of strong performance. Key Points
Economic TimesWorld’s biggest market for sub-$100 million IPOs booms in india
From finance startup Paytm to the nations largest insurer, investors have lost money from those IPOs in the past two years. Theyve turned to companies offering up to just $100 million in stock sales, as India hosted 92 such listings this year, the most in the world, according to data compiled by Bloomberg. Key Points
Economic Times
CAIT urges Nirmala Sitharaman to reduce GST on beverages to support small retail, kirana outlets
Ease of doing business for MSMEs: Some of the beverages, available at micro or small retail outlets, with reportedly low sugar content are iced tea, lemonade, coconut water, etc., in comparison to packed sweetened fruit juices, soft drinks, energy drinks, etc., which have relatively higher sugar content. Key Points
FinancialexpressAfter 10 years – mid, small and largecaps all will deliver the same numbers: Raamdeo Agrawal
“If there are 3,000 companies, only 100-150 are largecaps. Rest all are mid and smallcaps. When the return from the category is 20-25%, then you need to be more careful because valuations are high in that segment and cheaper in largecaps . The Indian largecap is globally a midcap and jitne aap midcap bolte hai they are microcap, (those that you call midcaps are microcaps) they are flies. Key Points
Economic TimesJana small Finance Bank resubmits draft papers for Rs 575 crore IPO
According to a Fitch Report, Jana small Finance Bank is the fourth-largest small finance bank in terms of AUM and deposit size as of March 31, 2023. The bank had 754 banking outlets, including 272 banking outlets in unbanked rural centres, in 22 states and two union territories as of March 31, 2023. It has served nearly 12 million customers since 2008, including 4.57 million active customers as of March 31, 2023, the DRHP claimed. Key Points
Economic TimesESAF small Finance Bank IPO: Issue subscribed 70% on day 1, so far; retail portion fully booked
ESAF small Finance Bank IPO subscribed 70% on day 1, with retail investors portion subscribed 1.09 times. ESAF small Finance Bank IPO listing date scheduled for November 16, with estimated listing price of ₹82 per share. Key Points
mintBuilding Financial Wellness: The Role of Personal Loans in 2024
Applying for a small personal loan on Tradofina app, not just helps you settle limited expenditures on time. It further assists you attain financial stability and wellness, anytime you come across a shortage of a small amount of cash. Key Points
mint
Sometimes not having any 'Buy' or 'Sell' recommendation is a good thing: 4 smallcap stocks with a top scor
For many, it might come as a surprise but the fact is the large-cap segment of the Indian equity market is one of the most over-researched. There are some companies that are being covered by more than 60 analysts. But at the same time, there is another set of companies, specially small companies which are not covered at all by single analysts and hence they don't have recommendations of either buy or sell. Instead of looking at companies that have buy or sell recommendations, we look at companies where on quantitative analysis parameters the score is coming at the highest possible level “10” but there was no recommendation of either a buy or sell. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks that fulfill the various criteria as specified into the algorithms & filters to find those that might help navigate the stock market. Key Points
Economic TimesNifty may touch 23,000 over next 1 year; largecaps to dominate: Dipan Mehta
“Across the board, I do not think there is any sector which is highly overvalued per se. But in two to three sectors, especially the external facing ones, like chemical and software, an investor needs to be a bit cautious. I would like to remain underweight in these two industries.” Key Points
Economic TimesFor risk takers: 6 smallcap stocks from different sectors with upside potential of up to 46%
Even as the stock market corrects, small and midcap stocks are refusing to leave the party. On a number of days the breadth of the small cap segment is better than large caps. Coming on the list are auto ancillary stock, real estate and infrastructure companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesFor risk takers: 4 smallcap stocks from different sectors with upside potential of up to 47%
Even as nifty corrects, more small cap stocks are joining the party and on a number of days the breadth of the small cap segment is better than large caps. Coming on the list is auto ancillary unit to logistic company. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesFor risk takers: 4 smallcap stocks from different sectors with upside potential of up to 26%
As Nifty forms a new high, more small cap stocks join the party. Right from a contracting company to a garment exporter are making to the list. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
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small U.S. homebuilders tap the brakes as credit squeeze, rising rates hurt
Small U.S. homebuilders are backing off from bringing more houses to the market, discouraged by a banking crisis-led credit squeeze and rising borrowing costs, industry experts said, exacerbating the shortage of new homes. Key Points
ReutersFor risk takers: 4 smallcap stocks from different sectors with upside potential of up to 49%
As Nifty forms a new high, more small cap stocks join the party. Right from a diagnostic player, a real estate company focused on western region to a garment exporter. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesFor risk takers: 5 smallcap stocks that have beaten volatile markets can rise up to 58%
As Nifty comes closer to form a new high, more small cap stocks are joining the party. Right from a logistic company of a large industrial house to a diagnostic major to quick service restaurant players are coming on the list. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesIndia or China: Who has better small-arms firepower?
India and China are modernizing their militaries at an unprecedented scale. small arms are the primary warfighting weapon under the concept of “limited war”. As the land forces play the most critical role, how are these armies building modern small arms and their firepower? Key Points
Financialexpresssmall printers for portable printing and confined spaces: 7 picks to choose from
Printers don't have to be space taking and bulky. small printers are ideal for people with minimal printing needs, or users requiring a tool to print their photos to keep their memories alive. Check out the top 7 small printer options that you can buy to cater to all your printing needs. Key Points
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