Discounted valuation to peers and asset-light model hold promise. However, the stock may suffer if the market turns bearish

Barring intermittent corrections, mid- and small-cap stocks have had a dream run since the 2014 rally. These stocks continue to attract investors even as markets touch new highs everyday. Private equity investors and promoters of Khadim India (Khadim’s), a player in the organised footwear market in India, are looking to cash in on this wave through the IPO of the company. Khadim’s plans to raise ...