Mumbai, July 2: The Skindia GDR Index has been revised to comprise 19 companies which represent 81.55 per cent of the total market capitalisation for the 63 companies with effect from July 1, 1999.The two incoming companies are IPCL and Pentafour Software, the Skindia release stated. The changes were done in accordance with the entry-exit criteria recommended for the selection of the index set every quarter.
The securities in the index are Bajaj Auto, BSES, EI Hotels, Grasim, Guj Ambuja, Hindalco, IPCL, Indian Hotels, ICICI, ITC, L&T, MAH & MAH, MTNL, Pentafour Software, Ranbaxy, Reliance, State Bank of India, Telco and VSNL.
Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
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