Latest news with #IndiaSmallcapIndex
Time of India
14-05-2025
- Business
- Time of India
Tata Tech among 11 smallcap stocks get MSCI seat, 22 thrown out
Smallcap stock additions Smallcap stock deletions Live Events Stock impact (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Global index services provider MSCI has reshuffled its India Smallcap Index to include Tata Technologies Hexaware Tech and ACME Solar and removed 22 other stocks like Aarti Drugs and Paisalo a result of the rejig, JM Financial estimates that Tata Tech will have a passive fund inflow of about $16 million while Hexaware will get $15 million. Changes in the index will be implemented after market closing hours on May of smallcap stock additions - ACME Solar Holdings , Authum Investment, AWL Agri Business, Dr Agarwal's Health Care, Godrej Agrovet, Hexaware Tech, IGIL, Le Travenues Technology, Sagility India, Sai Life Sciences and Tata which have been removed from the smallcap index are Aarti Drugs, Allcargo Logistics, Coromandel International, E2E Networks, Electronics Mart India, Gateway Distriparks, Godrej Industries, Greenpanel Industries, Gujarat Alkalies and Chemicals, Heidelberg Cement, Hemisphere Properties, Moschip Tech, NOCIL, Orchid Pharma, Orissa Mineral Dev, Paisalo Digital, Patel Engineering, Prince Pipes And Fittings, Rossari Biotech, Share India Securities, Shyam Metalics & Energy and Teamlease the announcement, ACME Solar Holdings shares were trading 6% higher, Authum Investment jumped over 10%, while IGIL jumped 2.5%.
Economic Times
14-05-2025
- Business
- Economic Times
Tata Tech among 11 smallcap stocks get MSCI seat, 22 thrown out
Global index provider MSCI has revised its India Smallcap Index to include Tata Technologies and Hexaware Technologies. Synopsis Following the rejig, JM Financial estimates that Tata Technologies will see passive fund inflows of around $16 million, while Hexaware is expected to receive about $15 million. The index changes will take effect after market hours on May 30. Global index services provider MSCI has reshuffled its India Smallcap Index to include Tata Technologies, Hexaware Tech and ACME Solar and removed 22 other stocks like Aarti Drugs and Paisalo Digital. ADVERTISEMENT As a result of the rejig, JM Financial estimates that Tata Tech will have a passive fund inflow of about $16 million while Hexaware will get $15 million. Changes in the index will be implemented after market closing hours on May 30. List of smallcap stock additions - ACME Solar Holdings, Authum Investment, AWL Agri Business, Dr Agarwal's Health Care, Godrej Agrovet, Hexaware Tech, IGIL, Le Travenues Technology, Sagility India, Sai Life Sciences and Tata Technologies. Stocks which have been removed from the smallcap index are Aarti Drugs, Allcargo Logistics, Coromandel International, E2E Networks, Electronics Mart India, Gateway Distriparks, Godrej Industries, Greenpanel Industries, Gujarat Alkalies and Chemicals, Heidelberg Cement, Hemisphere Properties, Moschip Tech, NOCIL, Orchid Pharma, Orissa Mineral Dev, Paisalo Digital, Patel Engineering, Prince Pipes And Fittings, Rossari Biotech, Share India Securities, Shyam Metalics & Energy and Teamlease the announcement, ACME Solar Holdings shares were trading 6% higher, Authum Investment jumped over 10%, while IGIL jumped 2.5%. (You can now subscribe to our ETMarkets WhatsApp channel) Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains How Pi42 is simplifying crypto trading: CTO Satish Mishra on integrating technical & fundamental insights NEXT STORY
