“The under ownership in railway, defence and power continues to be a sour spot. There are enough people who are calling it for a top and so on. They may be when stocks go up 300%; if a 20% downside happens, there will be alarm bells but in no way can you change the future of these companies. These are now trending for the next three-five years.”
Stock re-categorization: 11 largecaps that will be demoted to midcap
The Association of Mutual Funds in India (AMFI) has announced the stock re-categorization and has highlighted the market cap changes in large, mid and small