Indian Hotels and Mazdock’s Elevation Mark a Paradigm Shift in AMFI’s Large-Cap Classification; Swiggy Steps Down Amidst Market Challenges
India’s equity landscape recently witnessed a significant transformation as the Association of Mutual Funds in India (AMFI) announced its latest reclassification of stocks into large-cap, mid-cap, and small-cap categories. This periodic reshuffle, an essential exercise shaping mutual fund strategies and investor behavior, saw Indian Hotels Company Limited (IHCL) and Mazagon Dock Shipbuilders Limited (Mazdock) ascend … Read more