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Strong earnings propel mid- and small-cap stocks to a significant rally on D-St
Aug 18, 2026
✦The Economic Times

Strong earnings propel mid- and small-cap stocks to a significant rally on D-St

Mid- and small-cap stocks rallied on D-St after firms reported their sharpest revenue growth in 16 quarters. Aggregate revenue climbed 20% in the June quarter, while small-cap net profit surged 42.5%. Siddhartha Khemka said, "A favourable base has certainly helped smallcaps," as these strong results pushed indices to significant gains.

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