BSE has announced two new additions to its indices:
- Dr. Agarwal’s Health Care Limited (Ticker: 544350) will be added to the BSE IPO Index, effective February 06, 2025.
- Malpani Pipes and Fittings Limited (Ticker: 544351) will be included in the BSE SME IPO Index, effective February 05, 2025.
Why does this matter?
When a stock is added to an index, it often attracts greater investor interest, institutional participation, and potentially increased trading volumes. Index additions can also influence the stock’s liquidity and price movement in the short term.
About the companies:
- Dr. Agarwal’s Health Care Limited operates in the healthcare space, focusing on eye care services with a growing presence across India.
- Malpani Pipes and Fittings Limited is part of the SME segment, specialising in industrial and commercial piping solutions.
What’s next?
Index inclusions typically bring added visibility and potential fund inflows, especially for large-cap stocks. Over the coming weeks, you can track their performance and see how they fare post-inclusion.
For more details, check out the official BSE notice: Notice Number