FTSE Index Changes
There have been recent changes in the FTSE index, which have affected the shares of companies like IREDA, Tata Tech, and JSW Infra. As soon as the stock market opened on Monday, the shares of these companies saw huge fluctuations. This change has created a stir among investors and all eyes are on these stocks.
JSW Infra Stock
The stock of JSW Infrastructure was trading down 1.34 percent at Rs 275. The total market capitalization of the company is Rs 56,420 crore. The 52-week high price of its shares is Rs 285, while the lowest price has been Rs 142. In the last one month, the company’s shares have made a profit of 11 percent.
Performance of JSW
In the last six months, the shares of JSW Infrastructure have gained 32 percent. In the last one year, these stocks have given a return of 75 percent to the investors. On Tuesday, May 28, 2024, the company’s shares were trading at Rs 282.65, down 0.19 percent. On Wednesday, the stock was trading at Rs 286, down 0.49 percent.
IREDA Stock
IREDA shares were trading at Rs 185.85, down 1.7 percent in yesterday’s trading session. The total market capitalization of IREDA is Rs 50,000 crore. The company is a renewable energy development company owned by the Government of India. The 52-week high price of the stock was Rs 215 and the lowest price was Rs 50.b
Performance of IREDA
In the last one year, IREDA shares have given a return of 210 percent. On Tuesday, May 28, 2024, the company’s shares were trading at Rs 186.75, down 3.39 per cent. Tata Tech shares were trading at Rs 1,083 per share, up 3.23 per cent.
Tata Tech Stock
Tata Tech shares were trading at Rs 1,073.60, down 1.58 per cent on Tuesday, May 28, 2024. On Wednesday, the stock closed at Rs 1,057, down 0.84 per cent. The recent changes in Tata Tech shares remain a matter of concern for investors.
FTSE Index Revision
The FTSE index was revised in February 2024. At that time, India’s total weightage increased to 2.56 per cent. The FTSE All-World Index represents the performance of large and mid-cap stocks. As of January 31, 2024, shares of 213 Indian companies were included in the FTSE. India’s weightage was 2.06 percent.
