22


BSE Mid-Cap and BSE Small-Cap Index


BSE introduced the new index series called 'BSE Mid-Cap' index and 'BSE Small-Cap' index to track the performance of companies with relatively smaller market capitalization.

BSE-500 Index - represents more than 93% of the listed universe. Companies with large market capitalization bias the movement of BSE-500 index. This necessitated construction of a separate indicator to capture the trend in companies with lower market capitalization. Over the years, BSE Mid-Cap and BSE Small-Cap indices have proven to be a great utility to the investing community.

Salient feature of these indices are :

  • Launched in April 2005
  • Base year of these indices is 2002-2003
  • Base index value is 1000 for each of these indices
  • Based on a free-float methodology
  • Scrips that are classified as Z group, scrips traded under permitted category and scrips with the trading frequency of less than 60% days in preceding three months are not considered for inclusion in these indices
  • Constructed on 80%-15%-5% method whereby companies aggregating 98.5% of average market capitalization are categorized under large, mid and small cap segment respectively from the list of eligible universe of BSE.
  • BSE Mid-Cap tracks the performance of scrips between 80 & 95% of aggregate market capitalization and BSE Small-Cap index tracks the performance of remaining 5% scrips (95-100%).
  • Number of companies in each of these indices is variable.
  • BSE Mid-Cap and BSE Small-Cap index are highly correlated with broad based BSE-500 index
  • Constituents of these indices are reviewed on a quarterly basis.

History of Replacements in BSE Mid-Cap Index

Date

Outgoing Scrips

Incoming Scrips

20.04.2005

Welspun Gujarat Stahl Rohren Ltd.

 

 

 

25.04.2005

Essar Steel Limited

 

 

 

09.05.2005

IDBI Bank Limited

 

 

 

05.08.2005

Tata Finance Limited

 

 

 

16.08.2005

Allahabad Bank Ltd.

3i Infotech Limited.

 

Indian Rayon & Industries Ltd

Alstom Ltd.

 

 

Astra Microwave Products Ltd.

 

 

BOC Ltd.

 

 

Balkrishna Industries Ltd.

 

 

Bilcare Ltd.

 

 

Century Enka Ltd.

 

 

Crisil Ltd.

 

 

Deepak Fert. & Petrochemicals

 

 

Dhampur Sugar Mills Ltd.

 

 

Essar Steel Ltd.

 

 

Eveready Industries (I) Ltd.

 

 

Goetze (I) Ltd.

 

 

Gokaldas Exports Limited.

 

 

Graphite India Ltd.

 

 

Gujarat Fluorochemicals Ltd

 

 

Hindustan Motors Ltd.

 

 

IVRCL Infrastructures & Projects

 

 

J.K.Cement Limited

 

 

Jai Prakash Hydro-Power Limited.

 

 

KSB Pumps Ltd.

 

 

Kalpataru Power Transmission

 

 

Mahindra Gesco Developers Ltd.

 

 

Monnet Ispat Ltd

 

 

Mukand Ltd.

 

 

Praj Industries Ltd.

 

 

Ruchi Soya Industries Ltd.

 

 

Shoppers Stop Limited

 

 

Southern Iron & Steel Co Ltd

 

 

Taj GVK Hotels & Resorts Ltd.

 

 

United Breweries (Holdings) Ltd.

 

 

Videocon Industries Ltd.

 

 

Welspun Gujarat Stahl Rohren Ltd.

 

 

 

28.11.2005

Aftek Infosys Ltd.

Aarti Industries Ltd.

 

Colgate Palmolive( India )

Adlabs Films Ltd.

 

Cummins India Ltd.

Amtek India Ltd.

 

Essar Oil Ltd

Aztec Software & Techno.Services Lt

 

Financial Technologies (I) Ltd.

Bajaj Auto Finance Ltd.

 

Hindustan Machine Tools Ltd.

Balmer Lawrie & Co. Ltd.

 

Indian Hotels Co Ltd

Bf Utilities

 

Jindal Steel & Powers Ltd.

Bharti Shipyard Limited

 

Pantaloon Retail ( India ) Ltd.

Cholamandalam Invt. & Fin. Ltd.

 

Reliance Capital Ltd.

Ciba Speciality Chem.

 

Sesa Goa Ltd.

Forbes Gokak Ltd.

 

State Bank of Bikaner & Jaipur

GHCL Ltd.

 

State Bank of Mysore

Grindwell Norton Ltd.

 

State Bank of Travancore

Gulf Oil Corporation Ltd.

 

United Phosphorus Ltd.

Havell'S India Ltd

 

 

Il&Fs Investmart Limited

 

 

India Glycols Ltd.

 

 

India Infoline Limited.

 

 

India Seamless Steels & Alloys Ltd.

 

 

Infotech Enterprises Ltd.

 

 

JCT Ltd

 

 

Karnataka Bank Limited

 

 

Kpit Infosystems Ltd.

 

 

Madhucon Projects Ltd.

 

 

Mcleod Russel India Limited

 

 

Morarjee Realties Ltd.

 

 

NIIT Ltd.

 

 

PSL Ltd.

 

 

Rain Calcining Ltd.

 

 

Ruchi Infrastructure Ltd.

 

 

S.Kumars Nationwide Ltd.

 

 

Sasken Communication Techno. Ltd.

 

 

South India Corp. Agencies Ltd.

 

 

Simplex Concrete Piles (I) Ltd

 

 

Srei Infrastructure Finance Ltd.

 

 

Sterlite Optical Technol'S Ltd.

 

 

Subex Systems Ltd.

 

 

Television Eighteen India Ltd

 

 

Unitech Ltd.

 

 

Usha Martin Ltd.

 

 

Varun Shipping Co. Ltd.

 

 

Vesuvius India Ltd.

 

 

VST Industries Ltd.

 

 

Wartsila India Ltd.

 

 

Yes Bank Limited

 

 

Zensar Technologies Ltd.

 

 

 

08.12.2005

Ispat Industries Limited

 

 

 

06.01.2006

Videocon International Limited.

 

 

 

30.01.2006

Bharat Earth Movers Ltd.

ABG Shipyard Ltd.

 

Crompton Greaves Ltd.

Aftek Infosys Ltd.

 

Engineers India Ltd.

AIA Engineering Ltd.

 

Mcleod Russel India Ltd.

Asian Star Company Ltd.

 

 

Assam Company Ltd.

 

 

CCL Products ( India ) Ltd.

 

 

Dalmia Cements (Bharat) Ltd.

 

 

Esab India Ltd.

 

 

Everest Kanto Cylinder Limited

 

 

Fag Bearings India Ltd.

 

 

ITI Ltd.

 

 

Manugraph India Ltd.

 

 

OCL India Ltd.

 

 

Opto Circuits ( India ) Ltd.

 

 

Phoenix Mills Ltd

 

 

Prithvi Information Solutions Ltd.

 

 

Rajesh Exports Ltd.

 

 

Shree Renuka Sugars Limited

 

 

Shriram Transport Fin Co. Ltd.

 

 

 

03.02.2006

Flextronics Software Systems Ltd.

 

 

 

17.02.2006

Tata Infotech Limited

 

 

 

10.04.2006

Indo Gulf Fertilisers Ltd.

 

 

20.04.2006

DSP Merill Lynch Ltd.

 

 

15.05.2006

Bajaj Hindustan Ltd.

Anant Raj Industries Ltd.

 

Bank Of Rajasthan Ltd.

Ansal Properties & Infrastructure Ltd.

 

Bhansali Engineering Polymers Ltd.

B L Kashyap and Sons Ltd.

 

Datamatics Technologies Ltd.

Entertainment Network ( India ) Ltd.

 

JCT Ltd.

Gitanjali Gems Ltd.

 

KEC Infrastructures Ltd.

Gujarat State Petronet Ltd.

 

KPIT Cummins Infosystems Ltd.

GVK Power & Infrastructure Ltd.

 

Nava Bharat Ferro Alloys Ltd.

HT Media Ltd.

 

Pricol Ltd.

Inox Leisure Ltd.

 

Ramco Systems Ltd.

Jagran Prakashan Ltd.

 

Ruchi Infrastructure Ltd

KEC International Ltd.

 

Southern Iron & Steel Company Ltd.

Mahindra & Mahindra Financial Services Ltd.

 

Videocon Industries Ltd.

Marksans Pharma Ltd.

 

Zensar Technologies Ltd.

PVR Ltd.

 

Shree Precoated Steels Ltd.

 

Triveni Engineering & Industries Ltd

 

Tulip IT Services Ltd.

 

Visa Steel Ltd.

 

 

10.07.2006

Aarti Industries Ltd.

Allcargo Global Logistics Ltd.

 

Aban Lloyd Chiles Offshore Ltd.

Ashapura Minechem Ltd.

 

Abhishek Industries Ltd.

Bombay Rayon Fashions Ltd.

 

Aftek Infosys Ltd.

Deccan Aviation Ltd.

 

Ansal Properties&Infrastructure Ltd

Force Motors Ltd.

 

Asian Star Company Ltd.

HCL Infosystems Ltd.

 

Assam Company Ltd.

Ispat Industries Ltd.

 

Avaya Globalconnect Ltd.

JM Financial Ltd

 

BF Utilities Ltd.

Kochi Refineries Ltd.

 

CCL Products ( India ) Ltd.

Lakshmi Overseas Industries

 

Century Enka Ltd.

Noida Toll Bridge Co.Ltd.

 

Century Textiles Ind Ltd.

Plethico Pharmaceuticals Ltd.

 

Ciba Speciality Chem.

Reliance Industrial Infrastructures Ltd.

 

Geometric Software Solutions Co. Ltd.

Shree Ram Mills Ltd.

 

GVK Power & Infrastructure Ltd.

Texmaco Ltd.

 

India Glycols Ltd.

Uttam Sugar Mills Ltd.

 

Indiabulls Financial Services Ltd.

Vertex Spinning Ltd.

 

ITI Ltd.

Vijaya Bank

 

Kirloskar Brothers Ltd.

 

 

Nagarjuna Fertilz. & Chem. Ltd.

 

 

Navneet Publications Ltd.

 

 

Rain Calcining Ltd.

 

 

Sahara One Media And Entert. Ltd

 

 

Scandent Solutions Corporation Ltd.

 

 

Srei Infrastructure Finance Ltd.

 

 

T.V.Today Network Ltd.

 

 

Unitech Ltd.

 

 

Vesuvius India Ltd.

 

 

Visa Steel Ltd.

 

 

Wartsila India Ltd.

 

 

 

21.09.2006

Torrent Power AEC Limited

 

 

22.09.2006

Kochi Refineries Ltd.

 

 

 

09.10.2006

BASF India Ltd.

Clariant Chemicals ( India ) Ltd.

 

Bayer Cropscience Ltd.

Educomp Solutions Limited.

 

Bilcare Ltd.

Engineers India Ltd.

 

Cholamandalam Dbs Finance Ltd.

Jay Bharat Textile & Real Estate Lt

 

Dhampur Sugar Mills Ltd.

KSL And Industries Ltd.

 

Esab India Ltd.

Mcleod Russel India Limited

 

Escorts Ltd

Reliance Natural Resources Ltd.

 

Forbes Gokak Ltd.

Tata Teleservices ( Maharashtra ) Ltd

 

Force Motors Limited.

Transworld Infotech Ltd.

 

H.E.G Ltd.

 

 

Hikal Ltd.

 

 

Hindustan Motors Ltd.

 

 

IFCI Ltd.

 

 

Igate Global Solutions Ltd.

 

 

Jindal Poly Flims Ltd.

 

 

Manugraph India Ltd.

 

 

Marksans Pharma Ltd.

 

 

Monnet Ispat Ltd

 

 

Mukand Ltd.

 

 

Prithvi Information Solutions Ltd.

 

 

Pvr Limited

 

 

Rajesh Exports Ltd.

 

 

Tata Elxsi Ltd.

 

 

Uttam Sugar Mills Ltd.

 

 

VST Industries Ltd.

 

 

Welspun India Ltd.

 

 

 

 

17.11.2006

Television Eighteen India Ltd.

 

 

 

04.12.2006

Ambuja Cement Eastern Ltd.

 

 

 

15.01.2007

Aztecsoft Ltd.

Ansal Properties&Infrastructure Ltd

 

Balmer Lawrie & Co. Ltd.

Asian Star Company Ltd.

 

Deepak Fert. & Petrochemicals

Aventis Phrama Ltd.

 

Eveready Industries (I) Ltd.

Binani Industries Ltd.

 

Gammon India Ltd.

Cambridge Solutions Ltd.

 

Grindwell Norton Ltd.

Chennai Petroleum Corporation Ltd

 

Gujarat Nre Coke Ltd.

Elecon Engineering Co Ltd

 

Indo Rama Synthetics ( India ) Ltd.

GMR Industries Ltd.

 

Macmillan India Ltd.

Great Eastern Shipping Co. Ltd.

 

Mercator Lines Ltd

Great Offshore Ltd.

 

NIIT Ltd.

Gtl Infrastructure Limited

 

Noida Toll Bridge Co.Ltd.

Infoedge ( India ) Limited

 

PSL Ltd.

Jyoti Structures Ltd.

 

Shaw Wallace & Co.Ltd.

Nirma Ltd.

 

Sical Logistics Ltd.

Rajesh Exports Ltd.

 

Tamil Nadu Newsprint & Papers

Swan Mills Ltd.

 

United Spirits Limited.

Television Eighteen India Ltd

 

Usha Martin Ltd.

Torrent Power Ltd.

 

Vertex Spinning Ltd.

 

 

 

 

29.03.2007

Hinduja TMT Ltd.

 

 

 

16.04.2007

Adani Enterprises Ltd.

Akruti Nirman Ltd.

 

Bannari Amman Sugars Ltd.

Bajaj Hindustan Ltd.

 

BOC India Ltd.

Bayer CropScience Ltd.

 

Centurion Bank of Punjab Ltd.

Development Credit Bank Ltd.

 

FDC Ltd.

Donear Industries Ltd

 

Hindustan Oil Exploration

Firstsource Solutions Ltd.

 

OCL India Ltd.

UFLEX Ltd.

 

Reliance Industrial Infrastructure Ltd.

Global Broadcast News Ltd.

 

RICO Auto Industries Ltd.

HMT Ltd.

 

Swan Mills Ltd

IFCI Ltd.

 

Thomas Cook India Ltd.

iGate Global Solutions Ltd.

 

Transworld Infotech Ltd.

Jai Corp Ltd.

 

United Breweries Ltd.

KPIT Cummins Infosystems Ltd.

 

Varun Shipping Ltd.

Matrix Laboratories Ltd.

 

 

Mindtree Consulting Ltd.

 

 

NESCO Ltd.

 

 

Network 18 Fincap Ltd.

 

 

NIIT Ltd.

 

 

Nucleus Software Exports Ltd.

 

 

Petronet LNG Ltd.

 

 

Redington ( India ) Ltd.

 

 

SSI Ltd.

 

 

Tanla Solutions Ltd.

 

 

Wire And Wireless ( India ) Ltd.

 

 

Zee News Ltd.

 

 

 

04.06.2007

IBP Company Ltd.

 

 

 

15.06.2007

Syngenta India Ltd.

 

 

 

09.07.2007

Abbott India Ltd.

Advanta India Ltd.

 

Astra Microwave Products Ltd.

Allahabad Bank

 

Binani Industries Ltd.

Aptech Ltd.

 

Clariant Chemicals ( India ) Ltd.

Bharat Earth Movers Ltd.

 

Electrosteel Castings Ltd.

Bilcare Ltd.

 

Federal-Mogul Goetze ( India ) Ltd

Binani Cement Ltd.

 

GHCL Ltd.

Fortis Healthcare Ltd.

 

GMR Industries Ltd.

Gujarat NRE Coke Ltd.

 

Gokaldas Exports Ltd

GVK Power & Infrastructure Ltd.

 

Graphite India Ltd.

Hinduja TMT Ltd.

 

Inox Leisure Ltd.

HTMT Global Solutions Ltd.

 

J.B. Chemicals & Pharmaceuticals Ltd.

IOL Broadband Ltd.

 

Jaybharat Textiles Ltd.

Lanco Infratech Ltd.

 

KSL and Industries Ltd.

Shiv-Vani Oil & Gas Exploration Services Ltd.

 

Madhucon Projects Ltd.

Tele Data Informatics Ltd.

 

McLeod Russel India Ltd.

Time Technoplast Ltd.

 

Merck Ltd.

Usha Martin Ltd.

 

Nesco Ltd

 

 

Shree Ram Mills Ltd.

 

 

 

 

08.10.2007

Areva T&D Ltd.

Andhra Bank

 

Automotive Axles Ltd.

Asian Electronics Ltd.

 

Bosch Chassis Systems India Ltd.

Bharat Bijlee Ltd.

 

Divi's Laboratories Ltd.

Cadila Healthcare Ltd.

 

Essel Propack Ltd.

Dish TV India Ltd.

 

Finolex Industries Ltd.

ESS DEE Aluminium Ltd.

 

Himachal Futuristic Communications

IVR Prime Urban Developers Ltd.

 

Hinduja TMT Ltd.

K.S.Oils Ltd.

 

HTMT Global Solutions Ltd.

Motilal Oswal Financial Services Ltd.

 

iGATE Global Solutions Ltd.

Nagarjuna Fertiliser & Chem. Ltd.

 

KPIT Cummins Infosystems Ltd.

Nava Bharat Ventures Ltd

 

KSB Pumps Ltd.

Orbit Corporation Ltd.

 

Mastek Ltd.

Provogue ( India ) Ltd.

 

Reliance Natural Resources Ltd.

PSL Ltd.

 

Taj GVK Hotels & Resorts Ltd.

REI Agro Ltd.

 

Thermax Ltd.

Shaw Wallace & Co. Ltd.

 

Timken India Ltd.

Spice Communications Ltd.

 

Unichem Laboratories Ltd.

Sun Pharma Advanced Research Ltd.

 

Vardhman Textiles Ltd.

Take Solutions Ltd.

 

 

UTV Software Communications Ltd.

 

 

Vishal Retail Ltd.

 

 

Wockhardt Ltd.

 

 

16.11.2007

Tele Data Informatics Ltd.

 

 

 

07.12.2007

Essar Steel Ltd.

 

 

 

14.01.2008

Alembic Ltd.

Ahluwalia Contracts ( India ) Ltd.

 

Alok Industries Ltd.

Ashok Leyland Ltd.

 

Asian Electronics Ltd.

Biocon Ltd.

 

Bajaj Auto Finance Ltd.

Brigade Enterprises Ltd.

 

Balkrishna Industries Ltd.

Central Bank Of India

 

Cambridge Solutions Ltd.

Colgate Palmolive( India )

 

Dabur Pharma Ltd.

Consolidated Const Consortium Ltd.

 

DCM Shriram Consolidated Ltd.

Core Projects & Technologies Ltd.

 

Eicher Motors Ltd.

Corporation Bank

 

Fag Bearings India Ltd.

Gammon India Ltd.

 

Himatsingka Seide Ltd.

Himadri Chemicals & Inds. Ltd.

 

Ingersoll - Rand ( India ) Ltd.

Kirloskar Brothers Ltd.

 

Iol Broadband Ltd.

Kolte-Patil Developers Ltd.

 

Jai Corp Ltd.

Koutons Retail India Ltd.

 

Lakshmi Overseas Industries

Lupin Ltd.

 

Lanco Infratech Ltd.

Maytas Infra Ltd.

 

Maniyar India Ltd.

Mercator Lines Ltd.

 

Micro Inks Ltd.

Monnet Ispat Ltd.

 

Monsanto India Ltd.

Oriental Bank Of Commerce

 

Novartis India Ltd.

Patni Computer Systems Ltd.

 

Nucleus Software Exports Ltd.

Prakash Industries Ltd.

 

Polaris Software Lab Ltd.

Reliance Industrial Infrastructure

 

Sasken Communication Techno. Ltd.

Religare Entreprises Ltd.

 

SRF Ltd.

Shristi Infra. Dev. Corp Ltd.

 

SSI Ltd.

Srei Infrastructure Finance Ltd.

 

Strides Arcolab Ltd.

State Trading Corp. Of India Ltd.

 

Subex Azure Ltd.

Tata Tea Ltd.

 

Sundaram Fastners Ltd.

The South Indian Bank Ltd.

 

Trent Ltd.

Voltamp Transformers Ltd.

 

Tube Investments Of India Ltd.

Walchandnagar Industries Ltd.

 

Uflex Ltd.