Investors have turned averse to most mid- and small-cap shares following the sell-off since January 2018. While there are no indications that their fortunes are likely to reverse soon, several mid-cap companies like L&T Infotech, Bandhan Bank, Torrent Power, DCB Bank, CG Consumer, Inox Leisure, V-Mart Retail and KNR Construction among others have seen a sharp increase in coverage by the broking firms in the last six months.
For instance, Bandhan Bank has seen an increase of coverage by nine brokerages since 1 January. L&T Infotech and L&T Technology Services coverages have seen nine and eight more brokerages covering them. Brokerages said they have diverted their resources from stocks like DHFL, Dish TV, CG Power, IRB Infra, Yes Bank, Manpasand Beverage to quality stocks, which stand a better chance of recovering when the tide turns.
ET has compiled a list of stocks that have seen increase in coverage and can give a return between 10 per cent and 55 per cent over the next one year.
