Analysts are recommending small- and mid-cap stocks in India for the upcoming Diwali festival. These stocks have outperformed larger stocks this year, with the S&P BSE MidSmall Cap Index surging 30%. Some top picks include Polycab India, Kolte-Patil Developers, Gujarat Alkalies and Chemicals, Kalpataru Projects International, Cipla, CCL Products India, Dalmia Bharat, and Canara Bank. These companies are expected to benefit from factors such as expansion plans, strong balance sheets.
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