MSCI Rejig: These 11 Smallcap Index inclusions are set for inflows up to $18 million
Published on 14/05/2025 01:16 PM
MSCI Rejig: These 11 Smallcap Index inclusions are set for inflows up to $18 millionIIFL Alternate Research expects outflows of up to $51 million in stocks like Coromandel, as it moves to the Standard Index. The others, are likely to see outflows between $2 million to $14 million. By Shloka Badkar May 14, 2025, 1:16:30 PM IST (Published)2 Min ReadA total of 11 stocks will be added and 22 stocks will be deleted from the MSCI India Small Cap index, the index service provider said in a statement on Wednesday, May 14. This is alongside stocks like Coromandel International and Nykaa, which will be added to the MSCI Global Standards Index.
The recent MSCI rejig, which will take effect on May 30, has not seen any deletion from the Standard Index.
These are the 11 stocks that will be added to the MSCI Smallcap Index:
Authum Investments
Dr. Agarwal's Health Care
IxiGo
Acme Solar Holdings
AWL Agri Business
Sagility
Hexaware
Sai Life Sciences
International Gemmological Institute
Godrej Agrovet and
Tata Technologies
Stocks getting added to the MSCI Smallcap Index are expected to receive inflows worth up to $18 million, according to IIFL Alternative Research.
Here's also a look at how they have fared today:
StockPotential InflowsStock reactionAuthum Investment$11 million11%Dr Agarwal's Health Care$5 million8.4%Ixigo$4 million3.7%Acme Solar Holdings$5 million9.9%AWL Agri Business$15 million2.3%Sagility India$5 million4.4%Hexaware Tech$16 million3%Sai Life Sciences$8 million8.2%International Gemmological$7 million4.3%Godrej Agrovet$5 million2.4%Tata Technologies$18 million0.9%
These are the 22 stocks that will be deleted from the MSCI Smallcap Index:
Heidelberg Cement India
Godrej Industries
Teamlease Services
Nocil
Prince Pipes and Fittings
Orchid Pharma
Coromandel International
Patel Engineering
Allcargo Logistics
Aarti Drugs
IIFL Alternate Research expects outflows of up to $51 million in stocks like Coromandel, as it moves to the Standard Index. The others, are likely to see outflows between $2 million to $14 million.
StockOutflowStock ReactionHeidelbergcement India-$2 million1.7%Godrej Industries-$14 million3.4%Teamlease Services-$4 million1%Gateway Distriparks-$4 million3.3%Greenpanel Industries-$3 millon2.9%Gujarat Alkalies & Chemicals-$2 million1.3%Nocil-$3 million1.1%Prince Pipes and Fittings-$2 million4.1%Orchid Pharma-$2 million-1.5%Shyam Metalics And Energy-$9 million-2.5%Coromandel International-$51 million-4.6%Paisalo Digital ltd-$3 million-1.5%Orissa Mineral Development Co-$2 million6.2%Hemisphere Properties-$2 million1.8%Electornics Mart India-$2 million-0.3%Share India Securities-$2 million2.9%Patel Engineering-$4 million-2.3%Moschip Technologies-$3 million10.2%Allcargo Logistics-$2 million4%E2E Networks-$3 million-3.9%Aarti Drugs-$3 million-2.2%
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