Mutual Funds Day 18: Market Capitalization & Free Float
Market Capitalization ie. Mcap means the share price multiplied by the number of shares. if XYZ company issues 10000 shares and each has a price of 15, then the mcap = 10000*15 = 1,50,000. In the above eg: TCS MCap is 1377858.27 crores and Infosys is 581349.77 crores. Mcap shows how big a company is,…