Daily BriefsIndia

Daily Brief India: TVS Motor and more

In today’s briefing:

  • AMFI Stock Reclassification Preview (June 2023): Significant Outperformance

AMFI Stock Reclassification Preview (June 2023): Significant Outperformance

By Brian Freitas

  • We see 8 stocks moving from MidCap to LargeCap, 9 stocks moving from LargeCap to MidCap, 9 stocks from SmallCap to MidCap, and 10 stocks from MidCap to SmallCap.
  • Following a strong listing, Mankind Pharma (6596876Z IN) should be added to the Large Cap segment of the market in July.
  • The expected migrations from SmallCap to MidCap have outperformed the other migrations by a huge margin over the last couple of months and there could be profit taking ahead.

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