DSIJ Mindshare

In 2017, small-cap stocks have performed well and many fund managers have increased the exposure of their fund to small-cap stocks. According to our data analysis for all the holdings at the end of December 2017, 16 per cent of total value of assets under 550 mutual fund schemes is assigned to small-cap stocks.

SpiceJet posted robust quarterly performance with strong revenue growth and healthy operational performance. The total revenue for the quarter rose by 29.1 per cent yoy and 15 per cent qoq to Rs. 2,068 crore in Q3FY18 as against Rs. 1,602 crore in previous year corresponding quarter. This was largely due to increase in capacity by 14 per cent.

The PAT for the quarter came in at Rs. 403.45 crore, yoy increase of 4.8 per cent. Decline in finance cost by 84.6 per cent was offset by jump in deprecation expenses by 102.7 per cent.

Ashok Leyland a part of Hinduja group is looking to invest around Rs. 100 crore in the electric vehicle (EV) technology over the next two-three years.