The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. On the latest list put out by the Association of Mutual Funds in India (Amfi), the smallest largecap stock now has a market capitalisation (m-cap) of Rs 67,000 crore, 35 per cent higher than in July 2023. In the case of midcaps, the cutoff has surged 26 per cent to Rs 22,000 crore.
A delayed monsoon and soaring temperatures across the country are added near-term positives.
Partha Sarathi Basu, author of Make It Or Break It: Mantras For A Successful Career discusses why he likens the corporate world to a jungle and dishes out some novel yet simple mantras to help India's youth carve out a niche for themselves in whatever career path they pursue.
A unique feature of this range (split air-conditioners) would be its efficiency in saving power and energy.
Aiming the top position in the home appliances segment, Whirpool India will invest up to Rs 160 crore (Rs 1.6 billion) for intensifying operations in the next one and half years.
Appliances company Whirlpool India has signed film stars Kajol and Ajay Devgan as its brand ambassadors for a period of two years.
The added burden on manufacturers for recycling e-waste is expected to impact their margins, which may further lead them towards hiking prices of other items.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
>Gadgets that make kitchen work easier and faster have gained momentum in the lockdown.
Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the financial year, or even earlier.
This recognition is a testimony of India's strong belief in promoting entrepreneurship
The consumer durables player has modified its decades-old logo as it hopes to hold fresh appeal beyond 'mums' to include millennials, says Ritwik Sharma.
Mid- and small-cap companies seem to have done better than top-tier companies
Sensex lacklustre, bluechips in focus.
The 30-share Sensex ended 271 points higher to end at 28,930 and the 50-share Nifty climbed 76 points to close at 8,776.
While e-commerce operations for these firms are small at the moment, it is slated to grow in the next 3 to 4 years.
Anticipation of weak sales this festive season due to deficient monsoon, especially outside big cities.