Our markets crossed the hallowed 21000 levels driven by FII liquidity, but there is hardly any big retail participation to be seen. Domestic money is lying on the sidelines as MFs continue to be net sellers.All market crashes are accompanied by big retail frenzy. This time will be no different, I guess. So we still have some time, but what’s stopping us from getting prepared with a shopping list!
This is in the scenario of a secular crash where everything is deliciously cheap and you would love to help yourself to large meaningful helpings!So go ahead and name your top 5 small cap picks that you will be happy to hold for 3-5 years.
There is one condition. When you name a stock, you will need to include brief rationale justifying your choice. As an example
1). Manjushree Technopack
- Dominates PET bottling niche, higher margins on scale economies -industry best
- 30% CAGR growth visibility - proxy play on CSD/beverages market
- Good financial discipline in a very difficult industry is a competitive advantage
- Conservative focused management, Demonstrated track record of delivering on commitments
This should be an interesting exercise, post which we can refine a shortlist.