RBL Bank among 5 small-cap stocks favored by mutual funds
Investment funds' top small-cap picks for June revealed in market report.
1Small-cap fund interest
June saw net inflows only in small-cap stocks within Indian markets, particularly in materials and oil-gas sectors. Large and mid-cap stocks experienced outflows, highlighting shifting investor preferences towards higher-growth potential companies.
2Major investment in Acme Solar
Energy sector player Acme Solar Holdings emerged as mutual funds' top pick with ₹2,539 crore net purchases. The company's position in India's expanding solar energy market attracted significant institutional investment during June.
3Automotive bet on Craftsman
Auto components manufacturer Craftsman Automation became funds' second favorite with ₹1,352 crore net buying. India's recovering automotive market and the company's specialized manufacturing capabilities drove investor interest.
4Fintech leader Pine Labs
Payment solutions provider Pine Labs ranked third with ₹1,015 crore net purchases. The company's expanding digital payment ecosystem and merchant network continues to draw institutional investment in India's fintech space.
5Sterlite's telecom infrastructure play
Telecom infrastructure firm Sterlite Technologies attracted ₹733 crore net investment as India's 5G rollout accelerates. The company's fiber optics and network solutions position it well for long-term growth in digital connectivity.
6Vote of confidence for RBL Bank
Private sector lender RBL Bank completed the top five with ₹647 crore net buying. Improved asset quality metrics and digital banking initiatives have restored investor confidence in this small-cap banking stock.
Original article: Economic Times — RBL Bank dahil 5 küçük hisse senedine fon alımı