28 mai 2025
Tata Trent will replace Nestle, while Bharat Electronics Limited will replace IndusInd Bank.
BSE indices, including BSE 100, BSE Bankex, Sensex 50, and Sensex Next 50, are undergoing a major rejig effective June 23rd. The underperformers will be shifted to other indices. Similar changes will be effected in BSE 100, where Dixon Technologies (India), Indus Towers, and Coforge will replace Bharat Forge, Siemens, and Dabur India.
In the Sensex 50, InterGlobe Aviation and Shirram Finance will replace Britannia Industries and Hero MotorCorp. Tata Trent will replace Nestle India, which has shown no growth in the past year.
Nestle India is also undergoing a management change, with Manish Tiwary replacing Suresh Narayan as Managing Director effective August 1st. Sales grew at 7% annually in the past five years.
The stock indices conduct periodic balancing as per the criteria set by the Asia Index, a BSE subsidiary. Market performance, liquidity, trading volume, sector representation, market capitalisation, financial strength, and growth prospects impact this shuffle.
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