Employees walk past electronic ticker boards that indicate the latest stock figures inside the atrium at the National Stock Exchange (NSE) in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
India is entering a period of a virtuous growth cycle and small and mid-sized companies will outpace their large-cap peers, according to Envision Capital’s Nilesh Shah.The growth for mid and small caps will be aided by four factors—a broad-based economic growth, shift from owner-driven to professional-led firms, goods and services tax, and digitisation, Shah said.Data is becoming all-pervasive and that is helping small and mid-sized ...