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SEBI changes rule to determine market cap-based rankings
short by Mansi Agarwal / on Wednesday, 22 May, 2024
The Securities and Exchange Board of India (SEBI) has changed the methodology for calculating market capitalisation-based rankings of listed companies. The regulator has asked the stock exchanges to determine the rankings based on companies' average market capitalisation from July 1 to December 31. Earlier, the rankings were based on market capitalisation as of March 31.
read more at Moneycontrol