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We are extremely positive on smallcaps; see no stopping in realty stock surge for now: Varun Saboo
Varun Saboo maintains optimism on real estate, smallcaps, and two-wheelers. Bullish on market dynamics. Textile sector anticipated to recover. Auto sales performance mixed. Caution advised in FMCG sector. Potential in Himadri Chemicals, Praveg for evaluation. Anad Rathi is assigning about 26-27 times multiple which is the middle of the range in which smallcap index trades. 22x to 29x is the range in which they have been trading.