While potentially very rewarding, this small-cap fund space is known for sharp drawdowns and protracted recoveries. The fear is that investors could get their fingers burnt. Analysts explained how you should invest in small-cap mutual funds
The stock rose from Rs 1,216 recorded on 3 August 2023 to Rs 1560 as on 3 November 2023, which translates into an upside of about 30% in the last 3 months. It bounced back sharply after hitting a low of Rs 880 in March 2023 and has rallied over 70% since then. The recent rally has pushed the stock above a 1-year consolidation pattern, which signals that bulls have taken control.
Central Depository Services Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 2,073.14.