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MSCI's February 2025 index review adds Hyundai Motor India to the MSCI Global Standard Index, while Adani Green Energy is removed. IndusInd Bank and Varun Beverages see significant weight increases. In the MSCI India Smallcap Index, 19 companies like CarTrade Tech are added, and several stocks experience weight adjustments.
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News and Media
Amwill Healthcare's shares will debut on the BSE SME platform with an IPO price of Rs 111 each. The IPO saw moderate investor interest, driven by institutional support. Amwill focuses on derma-cosmetic products, outsourcing manufacturing and distribution to third parties. Indias $14 billion beauty industry is growing rapidly due to online sales and a trend toward personalised products.
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The third quarter earnings season sees key companies like Ashok Leyland, Siemens, and others announcing results. Ashok Leyland is predicted to witness a minor revenue decline while showing a profit increase. Siemens is expected to report significant growth in both revenue and profit, boosted by its Gas & Power and Mobility segments.
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News and Media
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