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Amfi category: Adani Power, BoB, Cholamandalam may enter large cap space

HDFC AMC, Godrej Properties to migrate lower; move part of Amfi's half-yearly stock reclassification

FDI, INVESTMENT, investment, foreign investment, foreign direct investment, FPI, dollar inflow, GROWTH, MARKETS, FUNDS, SHARES, DEMAND, GROWTH, mutual fund, fund, stocks

Samie Modak Mumbai
Adani Power, Bank of Baroda (BOB) and Cholamandalam Investment & Finance are among the stocks seen migrating from mid-cap to large-cap universe during the half-yearly stock reclassification exercise undertaken by mutual fund industry body Amfi. Meanwhile, Torrent Pharmaceuticals, HDFC AMC and Godrej Properties are among the seven stocks that could migrate lower from large-caps to midcaps.

Newly-listed stocks such as Life Insurance Corporation (LIC) and Adani Wilmar, which have a market cap of over Rs 5.5 trillion and Rs 82,000 crore, respectively, are expected to get added to the large-cap universe directly.

New-entrants that could get added to the mid-cap

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First Published: May 18 2022 | 3:36 PM IST

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