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MSCI August 2025 Rejig: Eternal, BDL part of 20 exclusions and weight reductions

MSCI Index Rejig
ETMarkets.com
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MSCI Index Rejig
The MSCI Standard Index has undergone adjustments with the exclusion of certain companies, leading to notable changes in the index composition. These exclusions reflect the removal of companies that no longer meet the required criteria or have experienced a decline in financial performance.

The exclusion of these companies is expected to trigger substantial outflows, estimated at up to $165 million. This also results in a weight-down effect on the overall index, as the removal of these stocks reduces their representation and impacts the MSCI Standard Index’s performance moving forward. Below are the stocks that were excluded or saw a weight reduction in the MSCI indices, along with the expected outflows:
MSCI Standard Index: Exclusions
Agencies
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MSCI Standard Index: Exclusions
Sona BLW Precision: $165 million
Thermax: $117 million

MSCI Standard Index: Weight Down (Float Adjustments)
Agencies
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MSCI Standard Index: Weight Down (Float Adjustments)
Eternal: $571 million outflows
Asian Paints: $102 million outflows
Jindal Steel & Power: $43 million outflows
Havells India: $40 million outflows
MSCI Smallcap Index: Exclusions
Reuters
4/5
MSCI Smallcap Index: Exclusions
Bharat Dynamics: $24 million
Protean Egov Tech: $4 million
Easy Trip Planners: $2 million
Jain Irrigation Systems: $2 million
MSTC: $2 million
Hikal: $2 million
MSCI Smallcap Index: Weight Down
IANS
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MSCI Smallcap Index: Weight Down
Firstsource Solutions: $3 million
CESC: $2 million
Jammu & Kashmir Bank: $1 million
Aditya Birla Fashion: $0.9 million
Happy Forgings: $0.9 million
Strides Pharma Science: $0.8 million
Orient Electric: $0.5 million
Embassy Developments: $0.3 million
(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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