Emami to Tata Communications, these 5 stocks making a return with a bang

Shreepad S Aute & Ram Prasad Sahu analyse five stocks which have lagged the markets over the last two years but doubled in value since March 23

Mid- and small-cap stocks are witnessing a rally outperforming their larger peers since March 23. The BSE MidCap and SmallCap indices have gained around 49-56 per cent, outperforming the Sensex, which has risen nearly 46 per cent since then. Experts say growth prospects and reasonable valuations are among the reasons for investor interest.

Within this universe, there have been a few stocks that underperformed the broader markets over the last two years until March 20. Since then, they have witnessed a sharp recovery. We have picked up five stocks in the small- and mid-cap space (sub Rs 25,000 crore market