scorecardresearchLooking to add midcap, smallcap stocks to your portfolio? Here are Prabhudas Lilladher's high conviction picks

Looking to add midcap, smallcap stocks to your portfolio? Here are Prabhudas Lilladher's high conviction picks

Updated: 23 Aug 2022, 11:59 AM IST
TL;DR.

A strong rebound has been seen in the markets on the back of decent June quarter earnings and FII flows turning positive for the first time in July since October 2021. Further, the recovery in demand and moderation in raw material prices have also lifted the sentiment. Goin gahead, Prabhudas Lilladher said that festival demand from urban middle class is expected to remain strong, which will enable good Q2 and Q3 will show benefits of correction in commodities. It suggests accumulating fundamentally strong companies with business moats in uncertain times. The broekrage remains overweight on Auto, Banks, IT services, capital Goods and Healthcareand underweight on Metals, Cement, Consumer, Oil and Gas and NBFC. Let's take a look at its top mid and smallcap picks: