{
  "id": 11582326,
  "title": "More than half of mid-to-large cap companies fail to deliver returns in 2026",
  "url": "https://urgent.news/2026/10/03/more-than-half-of-mid-to-large-cap-companies-fail-to-deliver-returns",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-03T02:13:53.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/more-than-half-of-mid-to-large-cap-companies-fail-to-deliver-returns-in-2026/articleshow/134650512.cms"
  },
  "original_language": "en",
  "account": "In the challenging market of 2026, a significant portion of India's mid-to-large cap companies have underperformed investor expectations. Analysis from ET Intelligence Group reveals that over half of these companies, with market capitalizations of ₹1,000 crore or more, have failed to generate returns this year. The total sample comprises 920 companies, and 51% or 466 have not yielded returns so far.\n\nFurthermore, one out of every seven companies, totaling 132, has witnessed a 25% or greater decline since the start of the year. This decline was partly driven by macroeconomic headwinds, but also by company-specific issues. For instance, Rajesh Exports faced regulatory intervention that banned its promoters from the securities market, impacting investor sentiment. Fino Payments Bank struggled with governance problems, while Ugro Capital, a lender to SMEs, suffered from higher funding costs and operating expenses.\n\nOther affected companies include KPIT Technologies, which faced project delays and reduced tech budgets from key clients, and MapmyIndia's parent company, CE Infosystems, which reported lower profit margins due to write-offs of customer receivables. GRM Overseas, an exporter of food items, experienced margin compression from rising input costs, and infrastructure firms like Ramky Infrastructure and KEC International faced challenges from high input costs and execution issues.\n\nThe broader market has also been affected by foreign institutional investors (FIIs) selling $27.8 billion worth of Indian equities in the first nine months of 2026, surpassing the previous year's total FII outflow. Geopolitical uncertainties, rising crude oil prices, and the Iran-US conflict have contributed to increased volatility and reduced preference for traditional sectors, impacting the performance of domestic benchmark equity indices like the Sensex and Nifty.",
  "summary": "More than half of India's mid-to-large tier companies with market capitalisation above ₹1,000 crore have faced losses in 2026. Eight companies have experienced significant market cap erosion, affecting investor sentiment. Factors such as regulatory issues, funding costs, and margin pressures contributed to these declines. Foreign portfolio investors have sold a substantial amount of Indian…",
  "key_points": [
    "Over half of mid-to-large cap Indian companies failed to deliver returns in 2026.",
    "51% of 920 analyzed companies, totaling 466, did not generate returns.",
    "132 companies saw 25% or greater decline, impacted by macroeconomic and company-specific issues."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}