1 of every 3 BSE smallcap stocks hit 52-week low in Feb; here's why

A total of 55 smallcap shares hit their fresh 52-week lows on Thursday amid a broader selloff in the second rung stocks, as moderating earnings growth is failing to justify high valuation premiums they enjoyed over largecap peers. While months of foreign outflows have kept valuations for largecap indices relative reasonable, continuous domestic inflows into sectoral and thematic funds have made valuations rich on many smallcap counters.  ..