smallcap stocks crash: Too little, exclaims Kotak Equities after multi-billion dollar smallcap crash
Arguing that most mid and smallcap stocks are still trading at full-to-lofty valuations and well above their fundamental value despite the sharp correction in recent weeks, Kotak Institutional Equities on Thursday said that the multi-billion dollar crash in the broader market is too little but not too soon. “We are not sure if the correction … Read more