JSW Energy Ltd, BHEL, Hero MotoCorp, Bosch, NHPC and Samvardhana Motherson International Ltd may be categorised as largecaps. Stocks such as Berger Paints, Marico, SBI Card, Polycab India are expected to be shifted to the midcap category.
Jsw Energy: A QIP is a way for listed companies to raise capital by issuing shares to eligible institutional bidders. Details of the QIP, dates, and pricing are yet to be determined.
JSW Energy shares rose nearly 3% to hit a 52-week high of Rs 558 in Wednesday s trade on BSE after the firm said it plans to raise Rs 5,000 crore by selling shares to high net worth investors through a qualified institutional placement process or QIP.