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  1. NIFTY50 Rejig: BSE, IndiGo likely to enter 50-share index; check all details

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NIFTY50 Rejig: BSE, IndiGo likely to enter 50-share index; check all details

Upstox

3 min read | Updated on June 23, 2025, 15:10 IST

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SUMMARY

Following the development, shares of BSE Limited rose 4% while InterGlobe Aviation was trading 1.39% higher on Monday

NSE

IndiGo operator InterGlobe Aviation is projected to replace Hero Moto in the Nifty50. | Image: NSE

Shares of BSE Limited and InterGlobe Aviation soared on Monday, June 23, amid reports of both the firms being included in the Nifty50 index.
Citing sources, CNBC-TV18 reported that BSE and InterGlobe Aviation (IndiGo) will be added to the Nifty50 index from September. Meanwhile, IndusInd Bank and Hero MotoCorp are likely to be dropped.

The report further stated that IndiGo operator InterGlobe Aviation is projected to replace Hero Moto in the Nifty50. It further said that BSE despite being listed only on NSE is expected to qualify for entry into Nifty100 as well, before Nifty50 inclusion.

Following the development, shares of BSE Limited rose 4% while InterGlobe Aviation was trading 1.39% higher on Monday.

Meanwhile, shares of Hero MotoCorp tumbled 1.91% to ₹4,255.80 on NSE while IndusInd Bank was last seen at ₹841.05, rising marginally by 0.10%.
BSE March quarter earnings

Asia's oldest stock exchange, BSE reported a multi-fold jump in net profit to ₹494 crore during the March quarter. Its total income rose to ₹926.4 crore in the January-March period from ₹543.3 crore logged in the year-ago period.

For the full fiscal year 2024-25, the bourse's net profit grew over-three fold to ₹1,322 crore from ₹404 crore in FY24. Its total income doubled to ₹3,236 crore for FY25 from ₹1,596 crore in the preceding fiscal.

For FY25, BSE traded 30.5 billion contracts in equity derivatives segment, generating a total revenue of ₹1,415 crore.

IndiGo's March quarter earnings

InterGlobe Aviation had reported a net profit of ₹3,068 crore in January-March quarter, marking an increase of 62% from ₹1,895 crore during the same period last year.

Its revenue from operations rose 24% to ₹22,152 crore in fourth quarter of financial year 2024-25 from ₹17,825 crore in the year-ago period.

The Gurugram-based company reported strong operational performance as its EBITDAR also known as earnings before interest, taxes, depreciation, amortization and rent rose 57% to ₹6,948 crore as against ₹4,412 crore. Its EBITDAR margin improved by 660 basis points to 31.4% from 24.8% in the same period last year.

As of March 31, IndiGo had a fleet of 434 aircraft including 40 A320 CEOs (14 damp lease), 195 A320 NEOs, 135 A321 NEOs, 48 ATRs, 3 A321 freighters, 3 B777 (damp lease), 9 B737 (damp lease) and 1 B787 (damp lease); a net decrease of 3 passenger aircraft during the quarter, IndiGo said.

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