Mid- and small-caps continue to give positive returns despite sharp fall

It has been turbulent times for mid- and small-cap stocks. With the Nifty Mid-cap 100 and Nifty Small-cap 100 slipping as much as 11 per cent and 16.1 per cent since the beginning of 2018, there is palpable fear among many investors about the prospects of their holdings in such stocks and mutual fund schemes. These sharp falls have been for several reasons. For one, the valuations of many of these stocks have risen very sharply. For example, stocks like Indian Hotels, JSW Energy, Indiabulls Ventures and some others are trading at a price-to-earnings ratio (P/E) of over 100x (trailing 12 .....

Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.

Most Read

Top Stories




Latest News

Todays Paper

News you can use