The Bombay Stock Exchange (BSE) has decided to revise its BSE mid- and small-cap indexes as part of its periodic review.
The revision will come into effect from April 13, a BSE release said here today.
The BSE mid-cap index will add scrips of Bannari Amman Sugars, Cummins India, IDBI Bank, IOB, JSW Steel, Madras Aluminium Co, Punj Lloyd, Sunteck Realty, Tech Mahindra and United Phosphorus.
The BSE mid-cap index will exclude scrips of Bombay Dyeing, Bilcare, Cals Refineries, Centrum Capital, Century Plyboards, Consolidated Construction Consortium, Cranes Software, Dalmia Cement Bharat, Dredging Corporation of India, Gammon India and Gateway Distriparks.
Others excluded include Geodesic, Gitanjali Gems, ICSA India, Honeywell Automation, Jindal Drilling, JSL, Lakshmi Machine, Mahindra Lifespace, Maytas Infra, Mercator Lines, Nagarjuna Fertilisers, Orchid Chemicals, Panacea Biotec, PVP Ventures, Rain Commodities, Shiv Vani Oil, Sobha Developers, Tanla Solutions, Texmaco, Time Technoplast, Titagarh Wagons, United Breweries, Usha Martin and Zandu Pharma, it said.
The BSE has also decided to exclude Bongaigaon Refinery & Petrochemicals from the BSE-500 index and BSE PSU index, while including Shree Ashtavinayak Cine Vision in BSE-500 index, the release said.