“We continue to believe that many mid-caps will grow into large caps and several small caps will become mid-caps, but the point is that not all mid-caps will become large caps. And in the same way, not every small cap will transition into a mid-cap. The key here is to find out the right company. Else, a mid-cap can reduce to a small cap while a small cap can whittle down to a micro-cap.”
BofA Securities enters Kaynes Technologies via Rs 42 crore block deal; stock down 48% in six months
BofA Securities acquired 1.16 lakh Kaynes Technologies shares via a block deal, while the stock continues a multi-month downtrend despite rising revenue and quarterly profit
March 12, 2026