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The Delhi Metro Rail Corporation Saturday said more than 60 stations on its network have been co-branded with reputed corporates, Public Sector Undertakings and media companies, among others, to offer them publicity opportunity while earning revenue for DMRC. The stations include eight on Red Line, 14 on Yellow Line and 25 on Blue Line. DMRC officials said that around 150 metro stations are still available for co-branding across the network. "A total of more than 60 metro stations have been cobranded so far on the DMRC network. These stations are spread across the network and the popularity of this scheme reflects the potential of the co-branding scheme. "A number of very reputed corporates, PSUs, media companies, educational institutions have already associated themselves with the DMRC through this scheme," a senior DMRC official said. Almost all DMRC stations are at prominent locations near residential areas, markets, educational institutions etc. Therefore, branding opportunities at these stations provide great visibility to those who associate with the DMRC through this scheme, the official said. "Presently, about 150 metro stations are still available across the network which can be co-branded," he added. For PSUs and other government establishments, the DMRC negotiates directly with them on the one-on-one basis as a result of which several prominent PSUs, banks etc. have already availed this facility and co-branded with stations, the official said. After the Covid-19 pandemic, the DMRC has laid great emphasis on such revenue generation avenues, especially since last year. The DMRC successfully organised a stakeholders' interaction session on co-branding rights and collaboration opportunities in June 2023, he said. The session witnessed active participation from representatives of over 30 organisations, including media agencies, and public and private organisations with establishments in the vicinity of metro stations, the officials added.

MUMBAI - Concerns over high valuations in the smallcap universe seems to have ebbed as stocks rallied in the week gone by and outperformed benchmarks by a wide margin. As many as 400 smallcap stocks gave double-digit returns of upto 52% in the week ended April 5, data by Ace Equity showed. Of these 400 stocks, 65 of them have given more than 20% weekly returns. Geojit Financial Services, PNB Housing Finance, Cochin Shipyard, Hindustan Construction Co, GMR Power & Infrastructure, Ujjivan Small Finance Bank, Coffee Day Enterprises, GE Power, Waaree Renewable, Oswal Greentech, OnMobile Global, Indraprastha Medical Corp are among the stocks, that gave over 20% returns last week. Of the 400 stocks, 22 stocks also scaled 52-week highs in the last week. The strong rally in smallcap stocks drove the BSE Smallcap index 6% higher last week. Meanwhile, benchmark S&P BSE Sensex gave just 0.8% returns. <iframe title="Smallcap stocks on a roll on D-Street" aria-label="Table" id="datawrapper-chart-i1lwD" src="https://et-infographics.indiatimes.com/graphs/i1lwD/1/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="439" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data["datawrapper-height"][t]+"px";e[r].style.height=i}}}))}();</script>Not only smallcap stocks, but stocks in the SME segment too, joined the party, as the BSE SME IPO index rallied 10% and gave the highest returns among all the BSE indices. The rally in these stocks indicate the unprecedented faith of retail investors eventhough market regulator Securities and Exchanges Board of India has voiced concerns over potential price manipulations in the SME segment and the building froth in the smallcap space. While the smallcap universe is showing no signs of fatigue, money managers are growing cautious about returns in FY25. Most money managers see returns moderating in FY25, compared to FY24. “With the sharp outperformance of the broader markets, the valuations in the small/mid-cap segment have become quite expensive,” said Sampath Reddy, chief investment officer, Bajaj Allianz Life. “We have been suggesting to customers in our investment communication that we prefer large-caps compared to small/mid-caps over the past few months and continue with that stance,” he added. (Data inputs from Ritesh Presswala)(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)