5 smallcap stocks with upside potential of up 32%. How many do you have?

Axis Securities has raised its December 2026 Nifty target to 27,360 as it remains constructive on Indian equities, supported by strong macroeconomic fundamentals, sustained government capital expenditure, GST 2.0 reforms and an improving corporate earnings cycle. Axis expects Nifty earnings to grow at a 13% CAGR over FY23-FY28, which it believes will underpin healthy medium-term market returns. Here are five small- and midcap stocks that the brokerage is bullish on. Smallcap Wonders

Sep 3, 2026 - 09:00
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5 smallcap stocks with upside potential of up 32%. How many do you have?
Axis Securities has raised its December 2026 Nifty target to 27,360 as it remains constructive on Indian equities, supported by strong macroeconomic fundamentals, sustained government capital expenditure, GST 2.0 reforms and an improving corporate earnings cycle. Axis expects Nifty earnings to grow at a 13% CAGR over FY23-FY28, which it believes will underpin healthy medium-term market returns. Here are five small- and midcap stocks that the brokerage is bullish on. Smallcap Wonders

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