The country's premier stock exchange Bombay Stock Exchange has announced changes in its indices for the mid-cap and small-cap segments, which will come into effect from May 13.
A total of 10 new stocks have been included in BSE Mid-Cap index, while 12 existing ones would move out.
In the BSE Small-Cap index, the exchange would include 35 new scrips and exclude 39 existing ones, the bourse said in a circular.
". . .replacements shall be made in S&P BSE Indices with effect from May 13, 2013," it added.
Those joining mid-cap
While Bajaj Hindustan, Balrampur Chini Mills, Mahanagar Telephone Nigam Ltd, Glenmark Pharmaceuticals and Aban Offshore would exit from the index.
In case of BSE Small-Cap index, Bajaj Hindustan, MTNL, Balrampur Chini Mills, Jyothy Consumer Products and Motilal Oswal Financial Services would be included in the indice.
Those being excluded from the Small-Cap index included Sahara One Media And Entertainment, Triveni Turbine and Nagarjuna Oil Refinery and Asian Hotels (East) Ltd.