Vishal Mega Mart, Swiggy, Waaree Energies, And Hitachi Energy Added To MSCI India Index

Vishal Mega Mart, Swiggy, Waaree Energies & Hitachi Energy Added to MSCI India Index: Full List Inside

Market Performance Shift: MSCI India Index Sees Key Additions and Removals

In a recent reshuffle, MSCI—the global index provider—has announced major changes to the MSCI India Index as part of its broader MSCI Global Standard Index review. The changes are scheduled to take effect by the end of August 2025, according to the official statement released on August 8, 2025.

Main Update: Vishal Mega Mart, Swiggy, Waaree Energies & Hitachi Energy Join the Index

The latest index review saw the inclusion of four major Indian companies into the MSCI India Index:

This inclusion marks a significant milestone for these companies, indicating their growing relevance and weight in the Indian equity landscape.

Company Highlights: Who Made It to the MSCI India Index

Vishal Mega Mart Ltd.

Vishal Mega Mart, a leading retail chain in India, has earned its place in the MSCI India Index. This move underscores the company’s expanding footprint in the consumer space.

Swiggy Ltd.

Swiggy, a prominent player in India’s food delivery and quick-commerce sectors, also joins the list. Its addition reflects its increasing role in India’s digital economy.

Waaree Energies India Ltd.

Waaree Energies, a top solar panel manufacturer, continues to grow in India's renewable energy sector. Its inclusion aligns with the global shift toward sustainable energy solutions.

Hitachi Energy India Ltd.

Hitachi Energy India is focused on power infrastructure and energy technologies. Being added to the MSCI India Index affirms its growing industrial significance.

Index Removals: Sona BLW and Thermax Exit MSCI India Index

While four companies were added, two notable exclusions from the MSCI India Index were:

However, both companies have now been shifted to the MSCI Smallcap Index, ensuring they still remain part of MSCI’s broader tracking system.

MSCI Smallcap Index: 15 New Entrants and 6 Removals

New Additions to Smallcap Index:

The MSCI Smallcap Index witnessed the inclusion of 15 companies, including:

These additions highlight the evolving dynamics in India’s mid and small-cap space.

Exclusions from the Smallcap Index:

Six companies have been removed from the Smallcap index. These include:

Summary of the Article

To sum up:

Vishal Mega Mart Ltd., Swiggy Ltd., Waaree Energies India Ltd., and Hitachi Energy India Ltd. have been added to the MSCI India Index.
Sona BLW and Thermax have been removed from the Standard Index and moved to the Smallcap Index.
15 new companies have entered the Smallcap Index, while 6 have been removed.

These shifts reflect the broader structural changes taking place in India’s equity markets and corporate ecosystem.

Vishal Mega Mart, Swiggy, Waaree Energies & Hitachi Energy Added to MSCI India Index: Full List Inside

Market Performance Shift: MSCI India Index Sees Key Additions and Removals

Main Update: Vishal Mega Mart, Swiggy, Waaree Energies & Hitachi Energy Join the Index