New large cap companies of Tata Group: Who does not know Tata Group today? Two companies of the Tata Group, which are among the country’s largest industrial houses, have moved from mid-cap to large-cap. This promotion has happened on the basis of their average market cap of six months. Let us know which two companies of Tata Group have reached the large-cap.
New Large Cap companies of Tata Group:
The Association of Mutual Funds in India (AMFI) has released a list of large, mid, and small-cap companies. This list has been made on the basis of six months’ average market cap of the companies. Let us tell you that the names of the two Tata Group companies that have been promoted are…
1- Tata Elxsi
2- Trent Limited
Tata Elxsi and Trent Limited, both these companies were earlier in the mid-cap category, which has now reached the large-cap category. Last year, the shares of these two companies of Tata Group gained a lot, due to which they were able to reach the large-cap category.
Full details of Tata Elxsi and Trent Limited
Let us tell you that Tata Elxsi, a Tata Group company, is a design and technology services provider company that provides services to automotive, broadcast, communications, healthcare, and transportation. The same Tata Group’s second company Trent is a retail company. Let us know the complete details of market capitalization and shares of New large cap companies of Tata Group Tata Elxsi and Trent Limited.
Tata Elxsi Share Details:
At present, the market cap of Tata Elxsi is around Rs 38,773.31 crore. Shares of Tata Elxsi had closed at Rs 6220.55 on Thursday. The 52-week high level of Tata Elxsi stock is Rs 10,760.40. The stock’s 52-week low is Rs 5,708.10. On 26 December 2021, it fell to this minimum level.
Trent Limited Share Details:
Shares of Tata Group’s retail company Trent Limited closed at Rs 1265.95 on Thursday. Trent has a market cap of Rs 45,111.36 crore at a price of Rs 1265.95. Trent’s 52-week high is Rs 1,571.00 and its 52-week low is Rs 983.70.
List of companies that have reached the large-cap category:
Following is the list of companies that have reached the mid-cap to a large-cap category, released by the Association of Mutual Funds in India (AMFI).
1- Tata Alexi
3- ABB India
4- Varun Beverages
5 – Page Industries
7- PI Industries
List of companies that have moved from large-cap to mid-cap
Following is the list of companies that have moved from large-cap to mid-cap, issued by the Association of Mutual Funds in India (AMFI).
1- Muthoot Finance
2- Paytm’s parent company One 97 Communications
3- Bandhan Bank
5- Gland Pharma
6- Piramal Enterprises
Who issues the list of Large Cap Companies:
Association of Mutual Funds in India (AMFI) releases the list of large-cap, mid-cap, and small-cap companies in India. It was formed in 1995. AMFI is the regulatory body for the mutual fund sector in India. It is a division of the Securities and Exchange Board of India, Ministry of Finance, Government of India.