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Areva T&D out of FTSE IDFC India Infra 30 Index;Apollo Hosp in

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Press Trust of India London
Last Updated : Mar 12 2013 | 4:30 PM IST
Shares of Areva T&D India will be excluded from the FTSE IDFC India Infrastructure 30 Index making way for Apollo Hospitals effective from March 18, global index provider FTSE has said.
After the March 2013 semi-annual review, constituent changes were made in the FTSE IDFC India Infrastructure Index Series, which includes FTSE IDFC India Infrastructure 30 index and FTSE IDFC India Infrastructure Index.
As per the FTSE IDFC India Infrastructure 30 index, Areva T&D India will be excluded, while, Apollo Hospitals would be included.
Moreover, the companies that would be included in the FTSE IDFC India Infrastructure index include -- Apollo Hospitals, Jaiprakash Power Ventures, IL&FS Transport Networks, BS and Tecpro Systems.
While the exclusions include Areva T&D India, PTC India, Pratibha Industries, Titagarh Wagons, Atlanta India, Voltam Transformers and Tulip Telecom.
All constituent changes will be applied after the close of business on Friday, March 15 2013 and will be effective on Monday March 18 2013, FTSE said.
The FTSE IDFC India Infrastructure Index Series was designed to represent the performance of Indian companies that generate the majority of their revenue from infrastructure.

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First Published: Mar 12 2013 | 4:30 PM IST

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