The price-to-book value (P/B) for indices on the National Stock Exchange will be calculated based on the networth of each index constituent at the consolidated level in the annual financials, NSE Indices, a subsidiary of the exchange, said in a release on Thursday. Currently, the P/B for indices are calculated by taking into consideration the … Read more
Mumbai: NSE Indices, an arm of the National Stock Exchange, has accepted the market participants’ views and amended rules relating to deleting a merged company from indices. Under the new rule, the target company will be deleted from the index a day before the ex-date in case of a merger. Simultaneously, the weight of the … Read more
MUMBAI: NSE Indices, a subsidiary of the National Stock Exchange, has accepted the market participants’ views and amended existing rules relating to deleting a merged company from indices. Under the new rule, the target company will be deleted from the index a day before the ex-date in case of a merger. Simultaneously, the weight of … Read more