Suzlon Energy , Mazagon Dock Shipbuilders, SJVN, Kalyan Jewellers Ltd, Exide Industries and Glenmark Pharma are some of the smallcap shares that have now been categorised as midcaps.
The BJP government has initiated various measures to increase the operational autonomy of the PSU companies and proposed significant reforms and divestment in these companies. Shares of power sector lenders REC and Power Finance Corporation have climbed 252 per cent and 241 per cent, respectively, in 2023, so far.
Mazagon Dock Shipbuilders Ltd, Suzlon Energy Ltd and KEI Industries Ltd from industrials, Lloyds Metals from metals, SJVN from utilities and Kalyan Jewellers Ltd from consumer discretionary are likely to be upgraded to midcap category.
YES Bank topped the volume chart, as the private bank saw 16,28,72,517 shares worth Rs 365 crore changing hands. The stock fell 2.63 per cent to Rs 22.20.