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Nuvama Sees Mamaearth Getting Included In MSCI Smallcap Index, Nykaa In Global
Standard Index
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[mashshare networks="facebook,twitter,linkedin" services="3"]
News
NUVAMA SEES MAMAEARTH GETTING INCLUDED IN MSCI SMALLCAP INDEX, NYKAA IN GLOBAL
STANDARD INDEX
06 Jan'24 | By Tapanjana Rudra
SUMMARY
Honasa is among the top contenders for being included in the index, along with
IREDA, Cello World, and Signature Global, according to Nuvama
Nuvama sees possibilities of Nykaa, along with the likes of Canara Bank, Mankind
Pharma, Bosch and Vodafone Idea, making it to the MSCI Standard index if they
rally between 8-20%
The upcoming MSCI index rejig is scheduled for an official announcement on
February 13 while the adjustments are set to happen on February 29
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Honasa Consumer, the recently-listed parent entity of beauty and personal care
D2C startup Mamaearth, is likely to make it to the MSCI Smallcap index,
according to Nuvama Alternative & Quantitative Research.
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