AMFI reshuffle: Hindustan Copper among 6 smallcap stocks that may get upgraded to midcap

Six smallcap stocks could be upgraded to the midcap segment in AMFI’s H2 CY26 semi-annual rejig, according to Nuvama Institutional Equities.

Based on current average market capitalisation trends, AMFI may raise the large-cap cut-off to around Rs 1.07 lakh crore (vs Rs 1.05 lakh crore in December 2025) and set the midcap threshold near Rs 32,800 crore (vs Rs 34,800 crore earlier).

Hindustan Copper, with a market capitalisation of Rs 47,384 crore, is likely to move into the midcap category.

NLC India, with a market capitalisation of Rs 44,309 crore, may also see an upgrade.

AIA Engineering, currently valued at Rs 45,237 crore, is another probable entrant into the midcap basket.

Ajanta Pharma, with a market capitalisation of Rs 39,866 crore, could be reclassified as a midcap stock.

Aster DM Healthcare, at Rs 39,843 crore, is also expected to move up the ladder.

Sona BLW Precision Forgings, with a market capitalisation of Rs 38,528 crore, remains on the cusp and may be upgraded.