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“The earnings growth projected for FY23 as well as for FY24 is extremely robust. If interest rates rise a little bit, I do not think in the presence of growth, that has ever been a problem for equity markets. There are enough reasons to remain sanguine and fairly optimistic about what is going to happen in the next few quarters.”

If you are a debt investor, invest in short-term papers and do not lock into 10-year FDs. You will feel the pinch after two years.

The biggest gainer of the year was Growth Plus Value Strategy of Care Portfolio Managers that delivered 13.5 per cent. Launched over a decade ago, it gives higher weightage to lower valuation multiple, especially from smallcap companies.

Talbros Automotive Components Ltd., incorporated in the year 1956, is a Small Cap company (having a market cap of Rs 637.71 Crore) operating in Auto Ancillaries sector.

Midcap and smallcap indices jumped 3-6 per cent in March and have continued their good show in April so far. A few mutual fund (MF) picks for the month included battered names such as GMR Infrastructure and Coforge (erstwhile NIIT Technologies), which are down up to 30 per cent year-to-date.

Market experts suggest that after a dull and muted IPO season, the company’s listing beat market expectations. Majority of them see more steam left on the counter. However, they strictly suggest to avoid fresh buy at current prices.

The Relative Strength Index of the stock stood at 51.93 on Wednesday.

“We remain bullish for the next two-three years on building materials as well as cement stocks. In the discretionary consumption space, companies like Jubilant or Page Industries or Titan have seen extremely resilient earnings in the last two-three quarters . Some of the companies have also shown a certain bit of improvement in margins.”

As of 31-Dec-2021, promoters held 0.0 per cent stake in the company, while FIIs held 14.93 per cent and domestic institutional investors had 13.97 per cent.

A total of 26,876 shares changed hands on the counter till 12:32PM (IST)