The expected inflows are to the tune of $591 million with PNB accounting for the lions share at $154 million followed by BHEL ($152 million), NMDC ($145 million) and Union Bank ($140 million), the Nuvama report said.
As per the firm s calculations, BHEL, Punjab National Bank, Union Bank of India and NMDC could be added to MSCI Standard Index, bringing in fresh inflows
UltraTech Cement records consolidated net sales of INR164bn cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.
Ultratech Cement, part of the Aditya Birla Group, reported a 68% on-year increase in net profit for the October-December quarter at Rs 1,777 crore on the back of higher volume and lower costs. Revenue rose 8% on-year to Rs 16,740 crore.