Wed, Sep 13, 2023 4:58 PM
Emkay Global Financial Services appoints Manish Sonthalia as CIO
A Flip by Shubhangi Gupta
In last 12 months large-cap category has witnessed outflow of Rs. 615 crore whereas mid-cap category has witnessed inflow of Rs. 22,250 crore. Interestingly, large & mid-cap category together witnessed an inflow of Rs. 22,450 crore. This data highlights that there are a lot of investors who prefer the combination of largecaps and midcaps over large-cap category for various reasons.
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Private port operator JSW Infrastructure Ltd plans to invest over ₹2,500 crore in fiscal year 2025 to expand its cargo handling capacity, said Arun Maheshwari, joint MD and CEO of the company told Mint. By 2027, the company anticipates a 50% increase in capacity to 258 million tonne with an investment of ₹14,000 crore, said Maheshwari.
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The combined market valuation of six of the top-10 most valued firms declined by Rs 68,417.14 crore in a holiday-shortened last week, with Bharti Airtel and Reliance Industries taking the biggest hit. Reliance Industries, Bharti Airtel, Life Insurance Corporation of India (LIC), Infosys, ITC and Hindustan Unilever were the laggards.
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