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Low-quality smallcaps led rally in last 6 months while better ones saw no rerating: Kotak Equities
Kotak has identified the top 25 stocks that have led to a strong rally in the Nifty Smallcap 100 index resulting in a 2,139 points jump. Among these, the PSU counters that have contributed the most include the HUDCO, SJVN, NBCC, and Cochin Shipyard.