“Reliance separated the financial business from the core business so that they could raise more capital in it as debt without hurting the debt equity ratio of the core business. It also becomes the holding company for all their financial practices if they want to get into broking, asset management, any of the other insurance plays and so on.”
10 midcap stocks that have fallen up to 58% from their 52-week highs
Despite the Nifty Midcap 150 trading near peak levels, several individual constituents have suffered deep corrections. Data from ACE Equity reveals 10 prominent midcap stocks,