Mid-caps still the best performers
Posted by Kavit Sharma on 22 Mar 2008 | Tagged as: Stock Markets
Despite losing a lot at the bourses and continued uncertainty about their stock market performance, the mid-cap group has recorded the best results for the quarter ended December ’07.Companies in the sales group of Rs 100-200 crore and Rs 200-500 crore have posted maximum growth in profits.
On other hand , companies in the sales group of less than Rs 20 crore saw profit decline by as much as 64%, whereas Rs 500-2000 crore group saw a profit growth of only 0.1%.
It may be noted that top two sales groups, Rs 500-2,000 crore and more than Rs 2,000 crore, contribute nearly 60% of aggregate sales and 70% of profits
