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Aurobindo Pharma touches new high on MSCI inclusion

The index provider MSCI added the pharmaceutical company to MSCI India index with effect from May 30.

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SI Reporter Mumbai
Last Updated : May 15 2014 | 9:39 AM IST
Aurobindo Pharma is trading higher by 2% to Rs 626 after MSCI added the pharmaceutical company to MSCI India index with effect from May 30.

The stock opened at Rs 624 and touched a new high of Rs 633 on the NSE. A combined 340,000 shares changed hands on the counter in early morning deals on the NSE and BSE.

MSCI added Aurobindo Pharma to the MSCI India index after its semi-annual global index review, a Reuters report suggests.

The index provider also added 13 stocks and deleted the same number from MSCI global small-cap indexes, it added.

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First Published: May 15 2014 | 9:32 AM IST

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