Daily BriefsIndia

Daily Brief India: Varun Beverages Ltd and more

In today’s briefing:

  • India: AMFI Stock Reclassification Preview (Dec 2022)

India: AMFI Stock Reclassification Preview (Dec 2022)

By Brian Freitas

  • Less than halfway through the review period, we see 6 stocks moving from MidCap to LargeCap and vice versa, and 7 stocks moving from SmallCap to MidCap and vice versa.
  • There are a bunch of stocks that are close to the cutoff ranks and there will be more change as we move deeper into the review period.
  • Over the last 6months, stocks expected to migrate upward have outperformed stocks that are expected to migrate downward. Given the large divergence, there will be a pullback at some point.

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