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  1. Swiggy, Vishal Mega Mart, Waaree Energies, Hitachi enter MSCI India index; Smallcap index sees 15 inclusions; check list

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Swiggy, Vishal Mega Mart, Waaree Energies, Hitachi enter MSCI India index; Smallcap index sees 15 inclusions; check list

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2 min read | Updated on August 08, 2025, 08:28 IST

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SUMMARY

MSCI rejig: Sona BLW Precision Forgings and Thermax were removed from the MSCI India Index, the global aggregator said.

The changes will take effect after market hours on August 26. | Image: Shutterstock

The changes will take effect after market hours on August 26. | Image: Shutterstock

In the latest MSCI rejig, shares of food delivery giant Swiggy, hypermarket chain Vishal Mega Mart, renewable energy major Waaree Energies and power technology company Hitachi Energy India made it to the MSCI India Index, a part of MSCI Global Standard Index.
On the other hand, Sona BLW Precision Forgings and Thermax were removed from the MSCI India Index, the global aggregator said. The changes will take effect after market hours on August 26.

MSCI Smallcap index sees 15 inclusions; check list

A total of 15 stocks were added to the Smallcap index and six were deleted, MSCL said. The stocks that made it to the index include

  • Belrise Industries Ltd
  • Brainbees Solutions Ltd
  • Capri Global Ltd
  • CSB Bank Ltd
  • India Glycols Ltd
  • Inventurus Knowledge Solutions Ltd
  • Lloyds Enterprises Ltd
  • Lumax Auto Technologies Ltd
  • Nexus Select Trust Ltd
  • Privi Specialty Chemicals Ltd
  • Sona BLW Ltd
  • Thermax Ltd
  • Transrail Lighting Ltd
  • Yatharth Hospitals Ltd
  • Zinka Logistics Ltd

The stocks that were deleted from the Smallcap index include Bharat Dynamics, Hikal, Easy Trip Planners, Jain Irrigation Systems, Protean e-Gov Technologies and MSTC.

In the first quarter of the financial year 2025-26, Swiggy had reported a widening of consolidated net loss to ₹1,197 crore versus ₹611 crore in the year-ago period.

Commenting on earnings, Swiggy's MD & Group CEO Sriharsha Majety said, "Swiggy's food delivery business continues to deliver robust growth, while innovating to create new customer propositions which can open up the market further... Instamart witnessed a massive leap in AOV led by assortment expansion and Maxxsaver adoption ... We have moved past the Mar-25 peak of losses in quick commerce, but amidst significant competition, we will modulate investments to ensure that we drive the business towards scale-led profitability."

Waaree Energies, which has joined the MSCI India Index, posted a net profit of ₹745 crore in Q1 FY26, up 89% from ₹394 crore a year back. The solar module manufacturer's revenue from operations climbed 30% to ₹4,426 crore in the quarter under review from ₹3,409 crore a year back.

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