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Term

MID CAP
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This is a classification of a company based on its market cap. The definition of Mid Cap is not clear, and it varies from institution to institution. But as a general rule, if a company has a market capitalisation of between Rs. 1000 Crores and Rs. 5000 Crores, it is considered as a Mid Cap.

A Mid Cap company is normally an emerging player in its industry, and has moderate to high growth rate. Such a company has a potential to grow fast and become a leader (a Large Cap) in the future.

Related Terms: Large Cap, Small Cap, Market Capitalisation, Market Cap
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