Positive impactResults
Smallcaps have surged 2.3x since April 2023. Why Vikas Khemani still sees India’s next multibaggers here
Economic Times 2 hrs ago·12 Oct 2026, 9:55 am
Smallcap stocks have rallied significantly, more than doubling in value since April 2023. Despite this sharp rise, Carnelian Capital founder Vikas Khemani remains optimistic about the sector. He argues that while valuations are higher, the segment offers a wider pool of high-growth businesses with strong domestic demand. This makes it a potential hunting ground for investors seeking substantial returns, provided they focus on identifying quality companies.
For investors, this rally highlights the importance of stock selection over market timing. The key takeaway is to look for businesses with solid management and consistent earnings growth rather than chasing the hype. As the market evolves, keeping an eye on corporate fundamentals will be crucial to navigating this volatile space effectively.
Excerpt from Economic Times
Smallcaps have surged 2.3 times since April 2023, but Carnelian Capital founder Vikas Khemani believes the segment still offers India’s next multibaggers. Despite elevated valuations, stronger earnings growth, greater domestic exposure, and a wider pool of high-growth businesses could create opportunities for…Read the original at Economic Times
Key takeaways
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
