Amfi category: Adani Power, BoB, Cholamandalam may enter large cap space

HDFC AMC, Godrej Properties to migrate lower; move part of Amfi's half-yearly stock reclassification

Adani Power, Bank of Baroda (BOB) and Cholamandalam Investment & Finance are among the stocks seen migrating from mid-cap to large-cap universe during the half-yearly stock reclassification exercise undertaken by mutual fund industry body Amfi. Meanwhile, Torrent Pharmaceuticals, HDFC AMC and Godrej Properties are among the seven stocks that could migrate lower from large-caps to midcaps.

Newly-listed stocks such as Life Insurance Corporation (LIC) and Adani Wilmar, which have a market cap of over Rs 5.5 trillion and Rs 82,000 crore, respectively, are expected to get added to the large-cap universe directly.

New-entrants that could get added to the mid-cap