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Tata Consumer Products to enter Nifty 50 index from 31 March; GAIL will be excluded
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Tata Consumer Products is a multinational consumer goods company and a subsidiary of the Tata Group
Seven stocks including Bank of Baroda, Container Corporation of India (Concor), General Insurance Corporation of India, Hindustan Zinc will be excluded from the Nifty Next 50 index
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Tata Consumer Products will be included in the benchmark Nifty50 index, with effect from 31 March, 2021, the National Stock Exchange (NSE) said. Tata Consumer Products is a multinational consumer goods company and a subsidiary of the Tata Group. It reported a 25.26% rise in consolidated net profit to ₹237.03 crore for the third quarter ended December 2020, on the back of higher sales in branded business. GAIL (India) Ltd will be excluded from the Nifty50 index.
Read more about Oracle Financial Services Software consolidated net profit declines 5.93% in the December 2020 quarter on Business Standard. Sales rise 6.75% to Rs 1238.42 crore
Oracle Financial Services Software has allotted 38,656 equity shares of face value of Rs.5/- each to the eligible Employees of the Company who have exercised their stock options under the OFSS Stock Plan 2014.
With this allotment, the paid up capital of the Company has increased to Rs. 430,200,585/- divided into 86,040,117 equity shares of face value of Rs. 5/- each.
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