«As I see it, many of these companies probably may demand some amount of inclusion into the smallcap index, but I would feel that here the time is a little bit more watchful, careful,» says Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd.
Did you manage to glance through the list of smallcap additions in MSCI? I mean, it may just be called smallcap, but these are biggish companies. Anything which catches your attention?
Well, I have not gone through the complete list, but I believe that some of these companies have already had a good run-up and I probably may not want to name the companies with a valuation, but I feel that they have been entered into the mainframe list of MSCI, but they have had their own share of run-up in the market.
As I see it, many of these companies probably may demand some amount of inclusion into the smallcap index, but I would feel that here the time is a little bit more watchful, careful.
The market has followed significant amount of euphoria in the recent times and as a result of which their stock prices have probably factored almost FY26, FY27 on the earnings and that is what is required to be a little bit more watchful about because in such situation when you give the forecasted earning, if we take forecasting into the price today which