Reliance Industries Limited emerged as the largest wealth creator for the stock market investors in last five years, according to Motilal Oswal s ‘Annual Wealth Creation Study 2023’. Whereas, Adani Enterprises was the all-rounder stock in last five years
Apart from Jio Financial, Power Finance Corporation, Indian Railway Finance Corporation, Macrotech Developers, Polycab India, REC, Shriram Finance, Union Bank of India, and Indian Overseas Bank are the others that may enter into the largecap category, according to Nuvama.
Stellar rally to lift entry barrier of large-cap to ₹66,700 cr in AMFI rejig thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Stocks which can get downgraded from midcap to smallcap are Rajesh Exports, Aarti Industries, Pfizer, Vinati Organics, Crompton Greaves, Bharat Dynamics, Atul, Navin Fluorine, Whirlpool, Laurus Labs, Sumitomo Chemicals, Aditya Birla Fashion, Bata India and Kajaria Ceramics.
Mazagon Dock, Suzlon Energy, Lloyds Metal, SJVN, Kalyan Jewellers, CreditAccess Grameen, KEI Industries, Emami and Exide Industries are some of smallcap tocks that can enter midcap categories, Nuvama said.