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Lucky 7! These erstwhile-midcap stocks entered the large-cap club this year

Updated : July 27, 2018 06:33 AM IST

Apart from regulatory headwinds, high valuations, concerns regarding corporate governance issues, global headwinds in terms of a trade war and crude oil prices, fall in the rupee, and slower-than-expected economic growth weighed on Indian markets, especially on mid & smallcaps.
After the recent classification changes brought in by the Securities and Exchange Board of India (Sebi) in terms of market capitalisation, a few stocks have now entered the large-cap space.
Seven stocks which turned largecaps from midcaps include Biocon, SAIL, Bharat Forge, Shriram Transport Finance, MRF, P&G Hygiene & Healthcare, and Colgate Palmolive India.
Lucky 7! These erstwhile-midcap stocks entered the large-cap club this year

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