Small Cap CyclesNovember 15, 2023 2023-11-20 11:43
Small Cap Cycles
Letter no. 127
Starting Samvat 2080, we’ve shared compelling data on the brilliance and potential pitfalls of small-cap cycles. Retail now owns 49% of small-cap free-float, gaining over INR 4.4 trillion since March 23. In our latest Moneycontrol article, we dissect the impact of various float levels and company sizes on share price returns. We also delve into why small-cap rallies can turn vicious on the downside, drawing insights from past episodes.
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