Around three decades ago, the setting up of NSE, India’s first Public Digital Infrastructure (PDI), democratised the capital market by taking screen-based trading to every corner of India. Suddenly, every Indian became a potential equity investor and could enjoy the benefits of wealth creation.

The start to the earning season was not a pleasant one as IT bellwether TCS and Infosys disappointed the street with their earnings, however, as the earning season picked its pace, some of the bright spots have emerged especially in the Smallcap segment. 

The PE multiple for EIL is 13.74, while the PE multiple for the sector is 25.3. The stock generated gains of more than 45 per cent in just six months.

For the market, every adversity is an opportunity and thus, this current geopolitical tension between Russia and Ukraine is also an opportunity in disguise for some.