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Bharti Infra to be included in BSE 500; Deccan Chronicle out
Bharti Infratel, will be included in the list of BSE 500 companies with effect from January 21, 2013, with Deccan chronicle making way.
The Bombay Stock Exchange constructed BSE-500, consisting of 500 scrips listed on the exchange in August 9, 1999.
BSE-500 index represents nearly 93% of the total market capitalization on BSE. BSE-500 covers all 20 major industries of the economy. In line with other BSE indices, effective August 16, 2005 calculation methodology was shifted to the free-float methodology.
Bharti Infratel recently got listed after its initial public offering. The company is one of the largest telecom tower infrastructure providers in the world.
Shares of Bharti infratel were last traded at Rs 206, up 1.5 per cent.
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Story first published: Thursday, January 17, 2013, 11:57 [IST]