Raul Aurora, CEO of Denver Equities, discussed the recent surge in small-cap stocks. He explained that the market was looking top-heavy near the 20,000 mark, and there's a growing interest in mid-cap and small-cap stocks, driven by new IPOs and attractive valuations. He mentioned that small-cap companies were projected to have significant earnings growth, particularly due to favorable commodity prices. Raul also discussed the potential of gaming and consumer discretionary sectors. He highlighted specific stocks like Jubilant FoodWorks, Indian Hotels, and IndiGo as interesting picks. Additionally, he mentioned several mid and small-cap stocks in the capital goods sector, such as Solar Industries, Triveni Turbines, Power Mech Projects, and KEC International. Finally, he touched on the tech sector, where despite some risks, the market has been positively influenced by large deal announcements and the absence of a U.S. recession as previously speculated.
1. The speaker, Raul Aurora, is the CEO of Denver equities and is currently on the show. [Source: Document(page_content="00:00:00.30: and right now Raul Aurora is CEO Denver\n00:00:02.46: equities he's with us here on our\n00:00:04.38: Studios Raul great to have you with us\n00:00:05.58: here thanks very much\n00:00:07.26: let's start with small caps uh but what\n00:00:10.08: else right four and a half percent last\n00:00:11.94: week Friday to Friday uh and the pace is\n00:00:14.82: picked up to almost a frenzy what do you\n00:00:17.64: make of the move and what are you really\n00:00:18.66: picking up when you talk about this at\n00:00:20.70: neighbor bong with your team what's the\n00:00:22.86: feedback channel so first off morning\n00:00:24.54: and thank you for having me on the show\n00:00:25.68: Prashant...", metadata={})]
2. The market was "top heavy" when it went close to twenty thousand. [Source: Document(page_content="00:00:27.72: the market was looking very top heavy\n00:00:29.22: when it went close to twenty thousand uh\n00:00:31.38: and you're seeing this in a state of new\n00:00:32.76: IPOs right the kind of subscriptions\n00:00:34.14: that you're seeing so I think at some\n00:00:35.46: level the market is uh for lack of a\n00:00:38.22: better term bereft of ideas...", metadata={})]
3. The speaker believes that the market is "bereft of ideas". [Source: Document(page_content="00:00:38.22: the market is uh for lack of a\n00:00:39.60: better term bereft of ideas so I think\n00:00:40.14: that's why you're finding a lot of the\n00:00:41.70: interest that's coming in at the lower\n00:00:42.90: end of the mid cap and small cap this\n00:00:44.94: may continue...", metadata={})]
4. The speaker mentions a case in point of ICICI Bank, underlining that there's a lot of interest coming in at the lower end of the mid cap and small cap. [Source: Document(page_content="00:00:47.22: let's take a case in point of ICICI Bank\n00:00:49.32: right if you take last three quarters\n00:00:51.30: results they've actually beaten\n00:00:52.50: estimates quite comfortably but the\n00:00:53.94: stock hasn't done that much...", metadata={})]
5. The speaker discusses the potential earnings growth for small cap companies, stating that they are projected to go by anywhere between 50 to 100 genus. [Source: Document(page_content="00:01:13.50: these earnings are projected to go by\n00:01:15.18: anywhere between 50 to 100 genus is the\n00:01:17.70: case on point genus did I think a rupee\n00:01:19.68: and a half in EPs and f523