Live BSE Midcap Chart
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H 0
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BSE Midcap Performance
Days Range
Previous Close40,946.22
Open40,869.30
52W Range37,138.02 - 49,701.15
P/E Ratio32.75
BSE Midcap Stocks List
|
Company
 |
LTP
|
Change
|
Day Range
|
|
|---|---|---|---|---|
|
3M India Ltd |
₹27,620.60 |
65.80 (0.24%) |
₹26,456.80 - ₹27,799.95 |
|
|
Aarti Industries Ltd |
₹441.65 |
1.80 (0.41%) |
₹424.10 - ₹447.45 |
|
|
Abbott India Ltd |
₹28,894.45 |
-242.50 (-0.83%) |
₹28,254.15 - ₹29,326.00 |
|
|
ACC Ltd |
₹1,929.00 |
-5.95 (-0.31%) |
₹1,868.25 - ₹1,949.35 |
|
|
Adani Wilmar Ltd |
₹240.00 |
-4.45 (-1.82%) |
₹231.70 - ₹248.95 |
|
|
Aditya Birla Fashion & Retail Ltd |
₹256.50 |
1.75 (0.69%) |
₹246.55 - ₹258.50 |
|
|
Aditya Birla Capital Ltd |
₹158.60 |
-1.90 (-1.18%) |
₹153.35 - ₹160.95 |
|
|
AIA Engineering Ltd |
₹3,530.00 |
-19.25 (-0.54%) |
₹3,482.60 - ₹3,530.00 |
|
|
Ajanta Pharma Ltd |
₹2,514.05 |
-9.35 (-0.37%) |
₹2,467.70 - ₹2,524.95 |
|
|
Alkem Laboratories Ltd |
₹4,713.30 |
-0.55 (-0.01%) |
₹4,561.40 - ₹4,713.85 |
|
|
APL Apollo Tubes Ltd |
₹1,338.00 |
-36.15 (-2.63%) |
₹1,320.05 - ₹1,383.05 |
|
|
Ashok Leyland Ltd |
₹218.75 |
15.15 (7.44%) |
₹199.75 - ₹220.10 |
|
|
Astral Ltd |
₹1,397.90 |
-17.20 (-1.22%) |
₹1,376.90 - ₹1,425.40 |
|
|
AU Small Finance Bank Ltd |
₹553.75 |
-18.00 (-3.15%) |
₹551.30 - ₹569.30 |
|
|
Aurobindo Pharma Ltd |
₹1,146.05 |
-0.75 (-0.07%) |
₹1,121.20 - ₹1,154.00 |
|
|
Bharat Heavy Electricals Ltd |
₹199.10 |
-0.35 (-0.18%) |
₹190.10 - ₹200.95 |
|
|
Balkrishna Industries Ltd |
₹2,641.15 |
-6.60 (-0.25%) |
₹2,590.20 - ₹2,653.15 |
|
|
Bandhan Bank Ltd |
₹142.50 |
-1.80 (-1.25%) |
₹138.40 - ₹144.55 |
|
|
Bank of India |
₹102.45 |
1.25 (1.24%) |
₹98.00 - ₹102.95 |
|
|
Bank of Maharashtra |
₹48.74 |
0.63 (1.31%) |
₹46.80 - ₹49.11 |
|
|
Bayer CropScience Ltd |
₹4,375.25 |
-413.75 (-8.64%) |
₹4,375.25 - ₹4,749.95 |
|
|
Bharat Forge Ltd |
₹1,105.30 |
-7.10 (-0.64%) |
₹1,071.00 - ₹1,116.95 |
|
|
Bharti Hexacom Ltd |
₹1,349.10 |
-9.85 (-0.72%) |
₹1,331.65 - ₹1,369.95 |
|
|
Biocon Ltd |
₹356.15 |
-5.70 (-1.58%) |
₹342.55 - ₹360.95 |
|
|
Castrol India Ltd |
₹206.80 |
-0.35 (-0.17%) |
₹203.95 - ₹211.10 |
|
|
Central Bank of India |
₹48.63 |
0.42 (0.87%) |
₹46.20 - ₹48.86 |
|
|
CG Power & Industrial Solutions Ltd |
₹576.95 |
-11.10 (-1.89%) |
₹560.70 - ₹586.10 |
|
|
Clean Science & Technology Ltd |
₹1,327.15 |
-45.80 (-3.34%) |
₹1,311.25 - ₹1,372.95 |
|
|
Coforge Ltd |
₹8,011.20 |
-81.30 (-1.00%) |
₹7,839.55 - ₹8,127.20 |
|
|
Colgate-Palmolive (India) Ltd |
₹2,530.80 |
-20.15 (-0.79%) |
₹2,508.65 - ₹2,562.85 |
|
|
Container Corporation Of India Ltd |
₹692.85 |
0.75 (0.11%) |
₹669.50 - ₹699.75 |
|
|
Coromandel International Ltd |
₹1,841.70 |
24.05 (1.32%) |
₹1,783.25 - ₹1,887.55 |
|
|
CRISIL Ltd |
₹5,058.55 |
-287.60 (-5.38%) |
₹5,046.20 - ₹5,346.10 |
|
|
Crompton Greaves Consumer Electricals Ltd |
₹339.95 |
-3.30 (-0.96%) |
₹331.75 - ₹342.25 |
|
|
Cummins India Ltd |
₹2,812.70 |
-20.70 (-0.73%) |
₹2,735.45 - ₹2,833.40 |
|
|
Dalmia Bharat Ltd |
₹1,802.15 |
19.40 (1.09%) |
₹1,742.15 - ₹1,809.00 |
|
|
Deepak Nitrite Ltd |
₹2,207.45 |
-3.85 (-0.17%) |
₹2,150.30 - ₹2,224.40 |
|
|
Delhivery Ltd |
₹274.00 |
-10.35 (-3.64%) |
₹272.00 - ₹286.00 |
|
|
Dixon Technologies (India) Ltd |
₹14,779.00 |
109.15 (0.74%) |
₹14,080.00 - ₹14,873.65 |
|
|
Emami Ltd |
₹561.05 |
18.80 (3.47%) |
₹531.75 - ₹562.10 |
|
|
Endurance Technologies Ltd |
₹1,869.70 |
-21.95 (-1.16%) |
₹1,826.75 - ₹1,911.30 |
|
|
Escorts Kubota Ltd |
₹3,014.55 |
-113.70 (-3.63%) |
₹3,010.00 - ₹3,146.45 |
|
|
Exide Industries Ltd |
₹365.75 |
2.60 (0.72%) |
₹350.65 - ₹367.05 |
|
|
Federal Bank Ltd |
₹183.75 |
0.15 (0.08%) |
₹177.15 - ₹185.00 |
|
|
FSN E-Commerce Ventures Ltd |
₹171.90 |
5.05 (3.03%) |
₹164.35 - ₹173.50 |
|
|
General Insurance Corporation of India |
₹376.95 |
-4.05 (-1.06%) |
₹364.55 - ₹388.00 |
|
|
Gillette India Ltd |
₹8,190.00 |
-323.90 (-3.80%) |
₹8,150.00 - ₹8,489.75 |
|
|
Gland Pharma Ltd |
₹1,494.80 |
45.70 (3.15%) |
₹1,412.00 - ₹1,513.70 |
|
|
Glaxosmithkline Pharmaceuticals Ltd |
₹2,036.20 |
-20.05 (-0.98%) |
₹2,005.20 - ₹2,063.20 |
|
|
Glenmark Pharmaceuticals Ltd |
₹1,408.00 |
-44.55 (-3.07%) |
₹1,389.90 - ₹1,452.90 |
|
|
GMR Airports Ltd |
₹72.15 |
0.27 (0.38%) |
₹69.48 - ₹72.50 |
|
|
Go Digit General Insurance Ltd |
₹297.80 |
1.25 (0.42%) |
₹285.30 - ₹299.15 |
|
|
Godrej Industries Ltd |
₹814.55 |
-23.40 (-2.79%) |
₹808.10 - ₹838.10 |
|
|
Godrej Properties Ltd |
₹1,930.00 |
-96.55 (-4.76%) |
₹1,922.10 - ₹2,028.95 |
|
|
Gujarat Fluorochemicals Ltd |
₹3,838.40 |
60.25 (1.59%) |
₹3,600.85 - ₹3,851.85 |
|
|
Gujarat Gas Ltd |
₹405.45 |
-15.60 (-3.71%) |
₹404.30 - ₹424.95 |
|
|
Hindustan Petroleum Corporation Ltd |
₹324.95 |
-5.20 (-1.58%) |
₹318.35 - ₹330.25 |
|
|
Honeywell Automation India Ltd |
₹34,996.70 |
-1292.85 (-3.56%) |
₹34,764.70 - ₹36,950.00 |
|
|
Indian Railway Catering & Tourism Corporation Ltd |
₹759.30 |
8.05 (1.07%) |
₹721.75 - ₹764.55 |
|
|
ICICI Securities Ltd |
₹829.70 |
-0.80 (-0.10%) |
₹813.90 - ₹836.85 |
|
|
IDFC First Bank Ltd |
₹62.15 |
0.48 (0.78%) |
₹60.17 - ₹62.59 |
|
|
Indian Bank |
₹518.30 |
5.40 (1.05%) |
₹500.90 - ₹523.15 |
|
|
Indian Hotels Co Ltd |
₹731.10 |
-16.35 (-2.19%) |
₹724.30 - ₹747.45 |
|
|
Indian Renewable Energy Development Agency Ltd |
₹174.00 |
-2.50 (-1.42%) |
₹164.90 - ₹175.95 |
|
|
Indraprastha Gas Ltd |
₹190.60 |
-0.80 (-0.42%) |
₹186.00 - ₹192.00 |
|
|
Ipca Laboratories Ltd |
₹1,423.20 |
4.05 (0.29%) |
₹1,393.30 - ₹1,433.05 |
|
|
Jindal Stainless Ltd |
₹603.00 |
-5.20 (-0.85%) |
₹590.80 - ₹616.45 |
|
|
JSW Infrastructure Ltd |
₹236.70 |
-7.15 (-2.93%) |
₹231.15 - ₹243.60 |
|
|
Jubilant Foodworks Ltd |
₹651.65 |
-9.05 (-1.37%) |
₹641.20 - ₹665.85 |
|
|
Kalyan Jewellers India Ltd |
₹512.60 |
-7.65 (-1.47%) |
₹499.00 - ₹521.45 |
|
|
Kansai Nerolac Paints Ltd |
₹234.00 |
-4.45 (-1.87%) |
₹232.00 - ₹238.45 |
|
|
KPIT Technologies Ltd |
₹1,348.00 |
-32.20 (-2.33%) |
₹1,322.40 - ₹1,387.55 |
|
|
L&T Finance Ltd |
₹140.70 |
-0.20 (-0.14%) |
₹136.00 - ₹142.10 |
|
|
L&T Technology Services Ltd |
₹5,103.70 |
-174.65 (-3.31%) |
₹5,040.00 - ₹5,324.30 |
|
|
Laurus Labs Ltd |
₹599.40 |
-8.60 (-1.41%) |
₹585.00 - ₹609.00 |
|
|
LIC Housing Finance Ltd |
₹542.90 |
-1.35 (-0.25%) |
₹523.80 - ₹546.40 |
|
|
Linde India Ltd |
₹5,813.00 |
-149.35 (-2.50%) |
₹5,702.00 - ₹5,949.00 |
|
|
Lupin Ltd |
₹2,021.95 |
-44.45 (-2.15%) |
₹2,000.10 - ₹2,116.00 |
|
|
Mahindra & Mahindra Financial Services Ltd |
₹275.80 |
-5.80 (-2.06%) |
₹269.80 - ₹285.00 |
|
|
Max Financial Services Ltd |
₹1,091.00 |
31.20 (2.94%) |
₹1,029.70 - ₹1,105.95 |
|
|
Max Healthcare Institute Ltd |
₹1,006.60 |
-13.80 (-1.35%) |
₹990.35 - ₹1,018.50 |
|
|
Mazagon Dock Shipbuilders Ltd |
₹2,192.10 |
7.60 (0.35%) |
₹2,064.50 - ₹2,213.00 |
|
|
Mphasis Ltd |
₹2,673.70 |
-40.70 (-1.50%) |
₹2,659.20 - ₹2,745.30 |
|
|
MRF Ltd |
₹109,534.60 |
844.35 (0.78%) |
₹106,500.00 - ₹110,899.95 |
|
|
Muthoot Finance Ltd |
₹2,180.15 |
-7.05 (-0.32%) |
₹2,130.00 - ₹2,213.85 |
|
|
New India Assurance Company Ltd |
₹161.45 |
-2.75 (-1.67%) |
₹155.30 - ₹165.80 |
|
|
NHPC Ltd |
₹74.10 |
-0.16 (-0.22%) |
₹71.01 - ₹74.41 |
|
|
Nippon Life India Asset Management Ltd |
₹554.00 |
12.90 (2.38%) |
₹516.00 - ₹558.10 |
|
|
NMDC Ltd |
₹62.96 |
1.42 (2.31%) |
₹60.13 - ₹63.36 |
|
|
Oberoi Realty Ltd |
₹1,641.30 |
-63.20 (-3.71%) |
₹1,623.95 - ₹1,709.80 |
|
|
Oil India Ltd |
₹417.55 |
5.60 (1.36%) |
₹404.25 - ₹421.35 |
|
|
One 97 Communications Ltd |
₹743.80 |
-6.15 (-0.82%) |
₹718.35 - ₹754.90 |
|
|
Oracle Financial Services Software Ltd |
₹9,039.70 |
-87.85 (-0.96%) |
₹8,900.00 - ₹9,249.95 |
|
|
Procter & Gamble Hygiene and Health Care Ltd |
₹13,771.00 |
-162.20 (-1.16%) |
₹13,660.00 - ₹14,202.65 |
|
|
P I Industries Ltd |
₹3,364.20 |
-54.20 (-1.59%) |
₹3,319.05 - ₹3,486.80 |
|
|
Page Industries Ltd |
₹42,415.80 |
355.30 (0.84%) |
₹41,608.90 - ₹42,500.00 |
|
|
Patanjali Foods Ltd |
₹1,783.95 |
-45.05 (-2.46%) |
₹1,774.10 - ₹1,824.45 |
|
|
PB Fintech Ltd |
₹1,592.45 |
54.55 (3.55%) |
₹1,488.00 - ₹1,611.40 |
|
|
Persistent Systems Ltd |
₹5,707.00 |
-113.35 (-1.95%) |
₹5,689.00 - ₹5,861.70 |
|
|
Petronet LNG Ltd |
₹301.00 |
-1.10 (-0.36%) |
₹289.30 - ₹302.10 |
|
|
Phoenix Mills Ltd |
₹1,601.15 |
30.45 (1.94%) |
₹1,543.90 - ₹1,610.70 |
|
|
Piramal Enterprises Ltd |
₹977.60 |
18.85 (1.97%) |
₹921.10 - ₹983.20 |
|
|
Prestige Estates Projects Ltd |
₹1,218.95 |
-90.60 (-6.92%) |
₹1,213.35 - ₹1,300.70 |
|
|
Punjab & Sind Bank |
₹44.08 |
0.11 (0.25%) |
₹41.61 - ₹44.70 |
|
|
Rail Vikas Nigam Ltd |
₹372.85 |
3.20 (0.87%) |
₹342.10 - ₹375.00 |
|
|
Relaxo Footwears Ltd |
₹506.90 |
-4.00 (-0.78%) |
₹487.60 - ₹515.00 |
|
|
Steel Authority of India Ltd |
₹105.75 |
5.60 (5.59%) |
₹99.20 - ₹106.00 |
|
|
Schaeffler India Ltd |
₹3,016.75 |
-80.40 (-2.60%) |
₹2,989.00 - ₹3,114.40 |
|
|
SJVN Ltd |
₹90.17 |
-0.72 (-0.79%) |
₹86.29 - ₹90.80 |
|
|
Solar Industries India Ltd |
₹8,946.35 |
123.25 (1.40%) |
₹8,634.30 - ₹9,049.95 |
|
|
Sona BLW Precision Forgings Ltd |
₹512.00 |
1.60 (0.31%) |
₹495.30 - ₹513.60 |
|
|
Star Health & Allied Insurance Company Ltd |
₹391.60 |
-7.90 (-1.98%) |
₹386.55 - ₹406.75 |
|
|
Sun TV Network Ltd |
₹607.10 |
-4.15 (-0.68%) |
₹593.50 - ₹614.15 |
|
|
Supreme Industries Ltd |
₹3,883.20 |
-16.15 (-0.41%) |
₹3,772.35 - ₹3,933.50 |
|
|
Suzlon Energy Ltd |
₹52.50 |
0.51 (0.98%) |
₹49.10 - ₹52.50 |
|
|
Tata Communications Ltd |
₹1,521.55 |
-5.05 (-0.33%) |
₹1,478.00 - ₹1,533.25 |
|
|
Tata Elxsi Ltd |
₹6,159.95 |
42.05 (0.69%) |
₹6,028.80 - ₹6,170.95 |
|
|
Tata Technologies Ltd |
₹738.75 |
-8.20 (-1.10%) |
₹725.65 - ₹752.05 |
|
|
The Ramco Cements Ltd |
₹862.85 |
-13.65 (-1.56%) |
₹856.10 - ₹875.55 |
|
|
Thermax Ltd |
₹3,181.30 |
14.40 (0.45%) |
₹3,067.30 - ₹3,254.00 |
|
|
Torrent Pharmaceuticals Ltd |
₹3,063.85 |
-41.10 (-1.32%) |
₹3,028.55 - ₹3,098.60 |
|
|
Torrent Power Ltd |
₹1,265.80 |
-14.65 (-1.14%) |
₹1,242.00 - ₹1,279.50 |
|
|
Tube Investments of India Ltd |
₹2,680.00 |
-57.70 (-2.11%) |
₹2,636.85 - ₹2,754.00 |
|
|
UCO Bank |
₹40.00 |
-0.08 (-0.20%) |
₹38.29 - ₹40.40 |
|
|
United Breweries Ltd |
₹2,059.95 |
37.40 (1.85%) |
₹2,040.00 - ₹2,102.00 |
|
|
Uno Minda Ltd |
₹986.20 |
-1.65 (-0.17%) |
₹953.65 - ₹1,018.00 |
|
|
UPL Ltd |
₹620.35 |
10.20 (1.67%) |
₹594.45 - ₹620.35 |
|
|
Vedant Fashions Ltd |
₹893.55 |
-0.15 (-0.02%) |
₹866.50 - ₹918.65 |
|
|
Voltas Ltd |
₹1,300.00 |
7.85 (0.61%) |
₹1,265.30 - ₹1,310.60 |
|
|
Whirlpool of India Ltd |
₹1,006.15 |
-32.25 (-3.11%) |
₹995.55 - ₹1,044.95 |
|
|
Yes Bank Ltd |
₹18.12 |
0.00 (0.00%) |
₹17.55 - ₹18.25 |
|
|
Zee Entertainment Enterprises Ltd |
₹100.10 |
-0.15 (-0.15%) |
₹96.25 - ₹101.95 |
|
BSE Midcap Sectors
| Sector Name | Advances | No Change | Declined |
|---|---|---|---|
| Agro Chemicals | 0 | 3 | 3 |
| Alcoholic Beverages | 0 | 1 | 1 |
| Auto Ancillaries | 0 | 4 | 4 |
| Automobile | 0 | 2 | 2 |
| Banks | 0 | 11 | 11 |
| Capital Goods - Electrical Equipment | 0 | 3 | 3 |
| Capital Goods-Non Electrical Equipment | 0 | 2 | 2 |
| Castings, Forgings & Fastners | 0 | 2 | 2 |
| Cement | 0 | 3 | 3 |
| Chemicals | 1 | 7 | 6 |
| Consumer Durables | 0 | 4 | 4 |
| Credit Rating Agencies | 1 | 1 | 0 |
| Crude Oil & Natural Gas | 1 | 1 | 0 |
| Diamond, Gems and Jewellery | 0 | 1 | 1 |
| Diversified | 0 | 1 | 1 |
| Edible Oil | 0 | 2 | 2 |
| Entertainment | 1 | 2 | 1 |
| Fertilizers | 0 | 1 | 1 |
| Finance | 0 | 9 | 9 |
| FMCG | 0 | 4 | 4 |
| Gas Distribution | 0 | 3 | 3 |
| Healthcare | 0 | 1 | 1 |
| Hotels & Restaurants | 0 | 1 | 1 |
| Infrastructure Developers & Operators | 0 | 1 | 1 |
| IT - Software | 0 | 9 | 9 |
| Leather | 0 | 1 | 1 |
| Logistics | 0 | 2 | 2 |
| Mining & Mineral products | 0 | 1 | 1 |
| Miscellaneous | 0 | 1 | 1 |
| Paints/Varnish | 0 | 1 | 1 |
| Pharmaceuticals | 0 | 12 | 12 |
| Plastic products | 0 | 2 | 2 |
| Power Generation & Distribution | 0 | 3 | 3 |
| Readymade Garments/ Apparells | 0 | 2 | 2 |
| Realty | 0 | 4 | 4 |
| Refineries | 0 | 1 | 1 |
| Retail | 0 | 1 | 1 |
| Steel | 0 | 4 | 4 |
| Stock/ Commodity Brokers | 0 | 1 | 1 |
| Telecomm-Service | 0 | 2 | 2 |
| Tyres | 0 | 2 | 2 |
| Bearings | 0 | 1 | 1 |
| Insurance | 0 | 4 | 4 |
| Electronics | 0 | 1 | 1 |
| Railways | 0 | 1 | 1 |
| E-Commerce/App based Aggregator | 0 | 2 | 2 |
| Marine Port & Services | 0 | 1 | 1 |
| Quick Service Restaurant | 0 | 1 | 1 |
| Aerospace & Defence | 0 | 2 | 2 |
BSE Midcap
You must already be aware of the major stock indexes in India like the SENSEX and NIFTY. But this is not all. In order to track different types of companies, various indexes have been introduced based on market capitalization, industries, sectors, etc. BSE Mid-cap is one such index that has been segmented on the basis of market capitalization.
What is BSE Midcap?
S&P BSE Mid-cap has been designed to track the performance of the mid-cap companies in India listed on the stock exchange. Unlike, SENSEX and BSE 100, BSE mid-cap index today does not track large-cap companies. It constitutes and tracks the performance of the mid-cap industries. The values of the index are float-adjusted. In other words, only the shares readily available for trading in the market are included. It represents 15% of the total market cap of S&P BSE AllCap after the large-cap index.
The index values keep changing with the change in BSE mid-cap share prices. Any shares that are privately held are not included in the index. The price of privately held shares or shares still in their lock-in period does not have any impact on the share price and thus the index value. In order to reflect an accurate index value, only shares available for trading are considered while choosing the stocks to be included in the BSE mid-cap index.
Currently, there are 107 stocks on the stock exchange, and the total market cap stands at INR 3,507,359.65 cr. The quantity of constituents in the S & P BSE mid-cap index remains variable. 1989-90 is used as the base year for calculating the index value.
Orgainisation
S&P BSE Mid-Cap
Exchange
BSE
When was BSE Midcap Introduced?
The BSE Mid-cap index was first introduced on April 11, 2005, in order to track the movement in the price of companies belonging to the mid-cap segment. Although the BSE 500 index includes mid-cap companies, the index value gets biased and is affected by the presence of large-cap stocks. Therefore, it was determined to introduce a new index that will solely track only the mid-cap stocks.
As a result, two new indices, BSE mid-cap and BSE small-cap were introduced in order to track the performance of relatively lower market-cap companies. BSE Mid-cap index today is rebalanced every year in September month and reviewed every quarter in December, March, and June. The values are calculated in real-time. The index is calculated in two currencies, INR and USD. The companies that have a market cap of 5000 cr. – 20,000 cr. belong to the mid-cap category.
How are stocks selected for BSE Midcap?
Before 2003, all the stock indexes were calculated using the full capitalization method. Under this method, all the shares, whether tradeable or not, were considered while making the calculation. In 2003, it was realised that full market capitalization does not represent a true picture, and a new method called float-adjusted market capitalization was introduced. S&P BSE mid-cap index today is calculated using this method.
How to calculate float-adjusted market capitalization
Step 1: The first step is to calculate the market capitalization by multiplying the BSE mid-cap share price with the number of shares.
Step 2: The next step is to find the percentage of shares that are available for trading.
Step 3: Now, multiply the figure calculated in Step 1 by the percentage found in Step 2 to find float-adjusted market capitalization.
Here’s an example –
Club Mahindra has 10 lakh shares in the market, out of which 80% are freely tradeable. Let’s assume the market price of the stock is INR 1000. Here’s how it is calculated –
| Total Shares in Market for Club Mahindra | A | 10 lakhs |
| Market Price per Share of Club Mahindra | B | INR 1000 |
| Total Market capitalization | C = A*B | INR 100 Crores |
| Free-float factor (80%) | D | 0.8 |
| Free-Float Market capitalization | E = C*D | INR 80 Crores |
The float-adjusted market cap is calculated individually for all companies and added. Further, it is divided by the market cap of the base year i.e. 1989-90, and multiplied by 100.
Here’s the formula –
BSE Mid-Cap Today = (Total Free-Float Market capitalization) / (Base Market capitalization) x 100
Criteria for Selecting Stocks
- The stocks must be a part of the S&P BSE AllCap index.
- The company should belong to the mid-cap category.
- The company should be traded for at least 60% days in the previous 3 months.
BSE MidCap FAQs
You can invest in the constituent stocks of BSE mid-cap on an individual basis. Another option is to invest in a BSE mid-cap specific mutual fund to get the benefit of diversification.
What is the objective of S&P BSE Midcap?
BSE mid-cap tracks the movement and performance of stocks that belong to the mid-cap category. It represents 15% of the total market cap of the BSE AllCap index.
Is investment in S&P BSE Midcap safe?
No investment comes without some risk. Investing in BSE mid-cap does not mean you won’t have to take any risk. But, you can choose the top-performing stocks within the index and invest in them. This will help diversify your investment and make it relatively safer.
What are S&P BSE Midcap stocks?
BSE mid-cap reflects the performance of the stocks belonging to the mid-cap category. Only companies having a market cap of INR 5000 cr. – 20,000 cr. are included in the index.
When is a company removed from the S&P BSE Midcap?
S&P BSE Mid-Cap Index is revised annually in September. If a company’s average market cap falls below ₹50 crore, it’s removed from the index. Removals also occur in case of mergers, takeovers, delistings, group changes, suspensions, surveillance issues, spin-offs, or bankruptcies. Companies excluded from the index’s base universe are also dropped on the same date.
