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HDFC Bank to replace HDFC Ltd on MSCI indexes
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HDFC Bank to replace HDFC Ltd on MSCI indexes
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halaalcommerce.com
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7 July 2023
The share price of both companies slid in May after MSCI said that it would use an adjustment factor of 0.50 to compute the weightage of the merged entity, which Nuvama Research estimated would likely lead to a combined outflow of $150-$200 million.
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The share price of both companies slid in May after MSCI said that it would use an adjustment factor of 0.50 to compute the weightage of the merged entity, which Nuvama Research estimated would likely lead to a combined outflow of $150-$200 million.