Smallcaps still 28% away from 52-week highs! How to play this bottom-up segment
Meanwhile, between 2017-2022, 4,000 smallcaps remained smallcaps. Just 26 smallcaps turned midcaps and only one smallcap turned large cap. The average return by those that remained smallcaps during this period was 5.3 per cent annually; the ones that became midcaps delivered 40 per cent return oan average while the only smallcap that became largecap delivered 55.8 per cent return annually.