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  1. Urban Company, Cupid, Acme Solar, among other stocks in focus on FTSE index addition update; key things to know

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Urban Company, Cupid, Acme Solar, among other stocks in focus on FTSE index addition update; key things to know

Anubhav Mukherjee

4 min read | Updated on August 24, 2026, 10:48 IST

SUMMARY

Stocks like Urban Company, Cupid, and Acme Solar, among others, have been included as part of FTSE's latest index rejig move. Here are key things investors should know.

Major stocks like Cupid, Emcure Pharmaceuticals, and Urban Company were included in the FTSE Emerging Markets All Cap Index.

Major stocks like Cupid, Emcure Pharmaceuticals, and Urban Company were included in the FTSE Emerging Markets All Cap Index.

Indian stocks like Urban Company, Cupid, Acme Solar Holdings, Emcure Pharmaceuticals, among several others, are in the focus of investors after the global index provider FTSE’s latest index rejig move effective from September 2026.

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FTSE announced its latest index rejig, additions and exclusions, after the semi-annual review this month for September 2026. However, the index review changes may be subject to revision only until the close of business on Friday, September 4.

As per the official exchange filing on August 21, FTSE added a number of Indian stocks to its benchmark indices, including in the FTSE Emerging Markets All Cap Index, along with excluding certain stocks from its indices.

The changes will be effective after the close of business hours on Friday, September 18, 2026, which means the stocks will be included and trade under the specific index from Monday, September 21, 2026.

Which stocks were included by FTSE?

Major companies like ACME Solar Holdings, Cupid, Emcure Pharmaceuticals, and Urban Company were the recent additions to the FTSE Emerging Markets All Cap Index as part of the September 2026 index review.

Other stocks such as Anthem Biosciences, Apollo Micro Systems, Avalon Technologies, Pine Labs, Rubicon Research, S.J.S. Enterprises, SKF India (Industrial), and Thangamayil Jewellery were included in the index.

An index addition move is likely to trigger major fund inflows from global and domestic exchange-traded funds and passive funds which track the benchmark FTSE Emerging Markets All Cap Index as they rebalance their portfolio to match the index.

Company NameCurrent Market Price5-day returns1-month returnsYTD returns
ACME Solar Holdings₹40210%9.9%69%
Cupid₹2867.3%34%173%
Emcure Pharma₹1,8830.5%0.1%34%
Urban Company₹16817%30%28%
Anthem Biosciences₹890-0.7%15%39%
Apollo Micro Systems₹3880.4%-1%40%
Avalon Tech₹2,1615%24%145%
Pine Labs₹158-2.6%8%-32%
Rubicon Research₹1,728-3.9%13%155%
S.J.S. Enterprises₹2,5681%9%43%
SKF India₹2,7691%1%6%
Thangamayil Jewellery₹5,5183.5%-20%69%
Note: Stock price and performance data has been collected from NSE website.

FTSE index exclusions

Orient Cement, Rajesh Exports, and Route Mobile, which were already a part of the FTSE Emerging Markets All Cap Index, have now been excluded from the index effective from Monday, September 21, 2026.

Company NameCurrent Market Price5-day returns1-month returnsYTD returns
Orient Cement₹131.40-0.3%-1.7%-23%
Rajesh Exports₹78.90-4.4%-11%-55%
Route Mobile₹497-2.5%-12%-28%
Note: Stock price and performance data has been collected from NSE website.

Due to the index exclusion, these stocks are likely to witness significant fund outflows as exchange-traded funds and passive funds will rebalance their portfolio to match the index, in line with the timeline of the rejig.

The FTSE Emerging Markets All Cap Index is a market capitalisation-based index which records the performance of large-cap, mid-cap, and small-cap stocks in the emerging markets to determine inclusion or exclusion over time.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post-Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

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