Newly-listed Groww, Lenskart shares to join BSE LargeCap index: Check details

Groww, Lenskart shares

• Groww, Lenskart, and Tata Motors CV shares to join BSE LargeCap index from January 6
• Groww and Lenskart shares also added to BSE Allcap and BSE LargeMidCap indices
• Tata Motors CV shares join BSE Industrials, Allcap, and LargeMidCap indices.

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The newly-listed shares of Groww-parent Billionbrains Garage Ventures and Lenskart Solutions, along with the shares of the recently demerged Tata Motors CV are set to enter the BSE LargeCap index.

The latest additions to the index will take effect from January 6 (Tuesday), the exchange announced in a notice released on December 23. BSE Index Services, formerly known as Asia Index Private Limited, is a wholly owned subsidiary of Bombay Stock Exchange (BSE).

Tata Motors shares, which now represent the company's commercial vehicle business, will be added to BSE Allcap, BSE LargeMidCap and BSE Industrials indices as well.

Groww and Lenskart shares will also be added to BSE Allcap and BSE LargeMidCap indices each. Additionally, Groww shares will join BSE Financial Services, while Lenskart shares will join BSE Consumer Discretionary.

The shares of Groww made a decent debut on stock markets on November 12, listing with a premium of 12 percent over the IPO price at Rs 112 apiece on NSE. The stock broker's shares jumped 9 percent earlier during the day to hit an intraday high of Rs 175.50 apiece, before paring some gains. The stock was up around 2 percent to trade at Rs 164.50 apiece, as seen at 2:05 pm on Wednesday. It currently has a market capitalisation of Rs 1,01,605 crore.

Lenskart shares had listed with a discount on stock markets at Rs 395 apiece on November 10. This came despite the Rs 7,278-crore IPO seeing strong investor interest during its three days of public bidding, being subscribed more than 28 times its offer size. The shares fell more than 2 percent to trade at Rs 454.85 apiece, as seen at 2:05 pm. Its market capitalisation currently stands at Rs 78,954 crore.

Tata Motors shares meanwhile fell around 4 percent to Rs 410 apiece, and currently have a market cap of Rs 1,51,196 crore. The shares of Tata Motors’ commercial vehicle business were listed at Rs 335 apiece on the NSE on November 12.

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