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Personal Finance

These nine smallcaps in August may return 40% in 1 year

Updated : August 28, 2018 02:56 PM IST

After the June quarter results, Sensex constituents are expected to report a 20-22 percent compounded annual growth rate over FY18-20.
Healthy growth is contingent on the easing of asset quality issues for corporate lenders and normalisation of earnings.
Given the recent recoveries, management commentary and record valuation gap between the private sector, retail banks and corporate lenders, brokerage Sharekhan says it might be a good idea to start nibbling on some quality corporate banks with an 18-24 month investment horizon.
These nine smallcaps in August may return 40% in 1 year

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