Strong earnings propel mid- and small-cap stocks to a significant rally on D-St
Mid and small-cap firms achieved their sharpest revenue growth in sixteen quarters.
Aggregate revenue climbed twenty percent, and operating profit rose twenty-seven percent.
Net profit surged twenty-three percent, marking a second quarter of double-digit growth.
Small-cap companies reported even stronger net profit jumps of forty-two percent.
These robust results fueled significant gains in their respective stock indices.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
