Adani Enterprises enters Nifty 50
时间:2024-06-26 08:06:59 阅读(143)
Adani Enterprises has replaced Shree Cement in the Nifty 50 index. The change will come into effect from September 30, and is part of the periodic review carried out by the National Stock Exchange of India (NSE). This is the second Adani stock to be included in the Nifty after Adani Ports and Special Economic Zone.
The index maintenance sub-committee – equity of NSE Indices has decided to make the changes as a part of its periodic review, a release said on Thursday.
Also Read: Ashok Leyland shares rise nearly 6% after UAE bus deal
The inclusion of Adani Enterprises on the Nifty 50 could result in a net inflow of around $213 million for the stocks counter, while Shree Cement will see an outflow of $87 million, according to Edelweiss Securities analyst Abhilash Pagaria.
Shares of Adani Enterprises have risen 89% this year, while all the listed companies have rallied, led by a 310% surge in Adani Power. The group has grown rapidly, announcing plans to foray into multiple new businesses, including media, healthcare and digital services.
The Adani Group has a strong track record of churning out strong and stable companies through its Adani Enterprises arm, and boasts a portfolio of stable infrastructure assets tied to the healthy functioning of the Indian economy, according to a recent report by CreditSights.
猜你喜欢
- Sensex plunges 2
- Sensex surges 500 pts, Nifty trades above 17800 in early trade on Wednesday, Feb 1; Coal India, ACC shares fall
- Sensex climbs 212 points; metal stocks sparkle
- Petrol and Diesel Rate Today, 13 April- Fuel prices revised; Check rates in Delhi, Mumbai, other cities
- Sensex tanks 470 pts, Nifty falls below 17700 in early trade on Wed, Feb 22; Sapphire Foods, SBIN shares plunge
- Petrol and Diesel Rate Today, 12 March- Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities
- Nifty needs to move above 17550 for more upside, Bank Nifty may see buying above 36900
- Sensex snaps losing streak to close with gains, Nifty ends above 15800 but may face resistance ahead
- Sensex may touch 100k in five years- Chris Wood