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AMFI rejig: IRFC, Vedanta shares may move to midcap list, SBI Funds' largecap entry likely

Vedanta is in focus.

21 Sept 2026 · Business Today Mkts

Stocks such as Dhoot Transmission, Milky Mist Dairy Food, ESDS Software, Lalithaa Jewellery Mart; Horizon Industrial Parks, Juniper Green Energy, Molbio Diagnostics, among others, could be new smallcap entrants.

Against that, the stock is -2.1% on the day at ₹259.95, and has returned -5.7% over three months. It sits 67% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -4.0% over the same period, so Vedanta is running 1.7 points behind its peers.

For Vedanta, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.

  • The company directly in focus is VEDL.
  • Sector exposure: Banks.