09-06-2023 12:15 PM | Source: Geojit Financial Services
Quote on Mid and Small Cap Valuation from Vinod Nair, Geojit Financial Services
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 Below the quote on Mid and Smallcaps Valuation from Vinod Nair, Head of Research at Geojit Financial Services.

"We believe that the valuation of Mid & Smallcaps remains appealing when compared to the trends of the past seven years. Specifically, Smallcaps appear to be even more attractive than Midcaps in the current scenario. However, considering the overall market consolidation, it's not an ideal environment for investing in high-risk categories, leading to mixed opinions. Our view is that India is now more of a stock to sector play. We anticipate that the category as a whole will outperform in the medium to long term. Although there has been strong performance in the short term by Mid & Smallcaps, sustaining this in the near term may pose a challenge."

 

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