Vikas Khemani says smallcaps still offer India multibagger potential
In short
Smallcap stocks are said to be up 2.3 times since April 2023.
Vikas Khemani still thinks the group can produce big winners in India. The report says the chance is there, but it does not name the stocks or say which ones he likes most.
What the reporting says
Smallcaps have surged 2.3 times since April 2023, according to publisher-supplied summaries, and Carnelian Capital founder Vikas Khemani still sees them as a source of India’s next multibaggers. The reports say he points to stronger earnings growth, greater domestic exposure and a wider pool of high-growth businesses, despite elevated valuations. The immediate takeaway is a bullish market view, but the source does not name specific stocks or a timeframe for any pick.
Why it matters
Smallcap stocks are said to have risen 2.3 times since April 2023, and Carnelian Capital founder Vikas Khemani remains constructive on the segment. The publisher summary cites stronger earnings growth, higher domestic exposure and a broader set of high-growth businesses as the reason for his view. The available reporting does not identify specific companies or whether he is buying or selling.