Public Sector Banks Market Cap 2024 [Updated]

Let’s have a look at the market capitalization of Public Sector Banks in India. MCAP stands for Market Capitalization, which refers to the total value of a company’s outstanding shares of stock. It is calculated by multiplying the current share price by the total number of shares in circulation.

In the context of banks or any other companies, MCAP is used to measure the size or value of a company in the stock market. For example, if a bank has 100 million shares outstanding, and each share is priced at ₹500, the market capitalization of the bank would be ₹50,000 million (₹500 x 100 million).

In simple terms, MCAP helps investors assess the size of a company and is an important indicator of its market value and financial strength. It is often used to categorize companies into large-cap, mid-cap, and small-cap based on their market capitalization.

Public Sector Banks Market Capitalization (Mcap) 2024 as on 25 Nov