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Stocks that helped PMSes focused on smallcaps, midcaps outperform in March


Stocks that helped PMSes focused on smallcaps, midcaps outperform in March
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Saurabh Mukherjea, Founder, Marcellus Investment Managers, thinks Indian specialty chemicals today is where the pharma sector stood in the mid-1990s on the cusp of a golden 20-year run.
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Some multicap PMSes, which have larger allocation to midcap and smallcap stocks, also performed well in March, continuing from the earlier months. That was even when their benchmarks finished largely flat for the month.
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NEW DELHI: Smallcap and midcap-focused PMS schemes outperformed their peers by a vast margin for yet another month, as the equity market favoured smaller names vis-à-vis the larger ones in March. ....

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Top UK Stocks to Watch: Next raises guidance after strong online sales growth


Top UK Stocks to Watch: Next raises guidance after strong online sales growth
Joshua Warner
April 1, 2021 8:40 AM
The outlook for Next improves as it prepares to reopen stores, Mastercard invests in Airtel Africa’s mobile money business, Quilter shareholders are set for a potential windfall after it sells its international arm, and Entain said it will continue to expand into new markets.
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Top News: Next ups expectations as it prepares to reopen stores
Next said revenue and profits both plunged during the pandemic as lockdown kept stores closed for most of the year, but said it is hoping to bounce back strongly as it prepares to reopen stores later this month. ....

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Top UK Stocks to Watch: Pearson maintains dividend despite being hit by pandemic


Top UK Stocks to Watch: Pearson maintains dividend despite being hit by pandemic
Joshua Warner
March 8, 2021 8:52 AM
Pearson hopes to bounce back after a tough 2020, Direct Line ups its dividend and launches share buyback programme, Clarkson beats expectations and raises its payout, Micro Focus loses a patent infringement case, and Ferguson is jointly listing in the US later today.
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Top News: Pearson hopes to stage recovery after tough 2020
Pearson said it expects revenue to return to growth in 2021 on expectations that schools and workplaces will start to get back to normal after taking a battering during 2020.
Revenue slipped to £3.39 billion from £3.86 billion in 2019. Although demand for online learning has increased during the pandemic, this has not been enough to offset the disruption caused d ....

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