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Small-caps brace for tough year on valuation gaps
Mint Chennai
|December 10, 2025
The underperformance of India's small-cap firms relative to largeand mid-caps this year, after two years of strong gains, is likely to persist in 2026 as stretched valuations, moderate earnings and thin liquidity continue to weigh, analysts said.
India groups listed firms by market value, with firms ranking below 251 classified as small-caps. The rebound of the market through 2025 has remained narrow, leaving smaller companies unable to participate meaningfully.
Cette histoire est tirée de l'édition December 10, 2025 de Mint Chennai.
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