In Part 1 of our guide, we introduced you to the world of Screener.in and its powerful Query Builder. Now, let's explore how you can use Screener.in to identify small-cap, mid-cap, and large-cap companies efficiently.
Understanding Market Capitalization
Market capitalization, often referred to as market cap, is a critical factor in categorizing companies. It represents the total market value of a company's outstanding shares. Market cap is calculated by multiplying the current market price of one share by the total number of outstanding shares.
Market Cap Ranges
To classify companies into different categories, we can use the following market capitalization ranges as a rule of thumb:
- Small-cap companies: Market cap < 8,500 Crores
- Mid-cap companies: Market cap between 8,500 Crores and 28,000 Crores
- Large-cap companies: Market cap > 28,000 Crores
Using Screener.in to Find Small-Cap Companies
Now that you understand market cap ranges, let's use Screener.in's Query Builder to find small-cap companies. Suppose you want a list of small-cap companies with a market capitalization of less than 500 Crores. Here's how you can do it:
In the Query Builder, write the following query:
Market capitalization < 500
This query will filter out companies with a market cap of less than 500 Crores.
Using Screener.in to Find Mid-Cap Companies
If you're interested in mid-cap companies within a specific market capitalization range, you can create a query like this:
Market capitalization > 500 AND
Market capitalization < 10,000
This query limits the market capitalization between 500 Crores and 10,000 Crores. Adjust the values according to your preference.
Finding Large-Cap Companies
To find large-cap companies, you can create a query like this:
Market capitalization > 10,000
This query will give you a list of companies with a market cap greater than 10,000 Crores.
Flexibility in Market Cap Criteria
Keep in mind that market cap ranges are not set in stone. You can adjust the criteria based on your specific investment preferences. For example, if you want to find large-cap companies with a market cap greater than 50,000 Crores, simply modify the query:
Market capitalization > 50,000
Screener.in's flexibility allows you to customize your screening criteria to meet your investment goals.
Conclusion
In this part of our guide, you've learned how to use Screener.in to filter companies based on their market capitalization. Whether you're interested in small-cap, mid-cap, or large-cap stocks, Screener.in's Query Builder empowers you to find companies that fit your investment criteria.
Stay tuned for Part 3, where we'll explore how to identify penny stocks using Screener.in. Penny stocks are known for their low share prices and can be an intriguing investment option for some investors.