BSE To Increase ‘A’ Group Stocks To 200 From Nov

Posted: 2003-09-13 00:00:00+05:30 IST
Updated: Sep 13, 2003 at 0000 hrs IST

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Mumbai, Sept 12: : After shifting more than 800 securities in “Z” category as a part of a surveillance and investor protection measure, The Stock Exchange, Mumbai (BSE) has decided to revamp its most prestigious “A” group of stocks and increase its size to 200 stocks. As a part of the revamping exercise, BSE has decided to promote 22 stocks which are currently housed in the “B1” category. At the same time, the exchange has also decided to transfer 20 stocks from “A” group to “B1” category. These changes will come into force from November 3.

The stocks which will find place in the “A” group are Alfa Laval (India), Asahi India Safety Glass, Bongaingaon Refinery, Canara Bank, Dena Bank, Fertilizer & Chemical Travancore, Godrej Consumer Products, Hindustan Inks & Resins, i-Flex Solutions, Indo Rama Synthetics (I), IndusInd Bank, ING Vysya Bank, IPCA Labs, Jisco, Jindal Strips, MICO Ltd, National Fertilizers, Punjab National Bank, Ramco Systems, Sterlite Industries, Tata Infotech and Union Bank of India. The securities to be dropped from the “A” group includes Adlabs Films, Aztec Software & Techno Services, Bata India, German Remedies, Gujarat State Fertilizer, Hind Lever Chemicals, Hindustan Oil Exploration Co, ITI Ltd, LML Ltd, Max India Ltd, Mukta Arts, Padmalaya Telefilms, Penta-media Graphics, Phillips India, Shyam Tele, Sonata Software, SSI, Tata Tele, TVS Electronics and Zensar Tech.