Classify midcaps into two categories. One, companies that are naturally midcaps i.e. that are growing and are very entrepreneur driven and you would hopefully see some of these make it to the large cap space like we have seen in the past – a Sun Pharma or a Lupin. Then you have got stocks which used to be large caps and now become midcaps. So, you have got a whole bunch of names within the infra space that were multibillion dollar companies but are now down to maybe USD 500 million and in some cases even down to USD 100 million. So, you have got basically two categories here and I think the sectors that I see some of these stocks doing well would of course be infra and we hope that some of these infra names go back to their previous highs; if not previous highs at least double and triple from here as the environment for infrastructure improves. Read more at: moneycontrol/news/market-outlook/midcap-outperformance-to-continue-religare-cap-mkts_1164445.html?utm_source=ref_article
Posted on: Wed, 27 Aug 2014 03:42:25 +0000
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