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Reliance Petroleum Ltd is considered to be Large Cap, small cap or midcap Equity , if so than whats the logic? |
Reliance Petroleum Ltd is considered to be Large Cap, small cap or midcap Equity , if so than whats the logic? RPL is definitely a large cap. Its all determined based on market cap of the company. below is a broad guideline to help you determine - Micro-Cap: capitalization below INR 250 million. Small-Cap: capitalization between approximately INR 250 million and INR 1 billion Mid-Cap: capitalization between approximately INR 1 billion and INR 10 billion Large-Cap or blue chip: capitalization over approximately INR 10 billion Its not anything... as far as i see it trades on the pink sheets for fractions of pennies .... to answer your question it would best be classified a Micro-Cap.. since number of shares outstanding * price per share is so small.... Did you get this stock off the fax machine? hot tip at work?.... Number of shares trading*price per share= market cap guidelines vary but in general 10 billion and up is large cap 1 billion to 10 billion is mid 250 million to 1 billion is small less than 250 million is micro Nifty 50 constitutes the largest companies in India. RPL is a Nifty constituent and therefore on the basis of its market capitalisation of Rs 44,302.50 crores as of 07/05/07, it is considered to be a large cap. www.nseindia.com midcap |
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