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genus power shares: Multibagger smallcap stock hit 5% upper circuit on Rs 3,115 crore order win

top multibagger stocks: Super 20 multibagger stocks zoom up to 475% in Q2 Did you miss the rally?

Shares of Kolkata-based smallcap Jai Balaji Industries, which manufactures iron and steel products like TMT bars, are up 475% to top the multibagger list. Similarly, shares of another smallcap GVK Power & Infrastructure are up 300% so far in Q2 following a 50% rally in just two weeks.

Stock Market Live Updates: Nifty futures signal cautious market mood amidst high-interest rate concerns

Stock Market Live Updates: Nifty futures signal cautious market mood amidst high-interest rate concerns
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Mid-, smallcap stocks overheated; rally an irrational exuberance: Analysts

The recent rally in small and midcap (SMID) stocks is not backed by fundamentals and is a case of irrational exuberance, analysts at Kotak Institutional Equities said in a recent report. The fundamentals of most of these companies have, in fact, worsened over the last few months, they noted. Yet, some analysts expect the bull run in these stocks to continue amid intermittent corrections.

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