Branch² Intelligence
Eternal shares gain after foreign ownership limit change raises hopes of MSCI weight increase
Key takeaway
Eternal's foreign ownership headroom crossed 25% threshold, enabling MSCI weight increase in August.
- Step 1Foreign ownership headroom crosses 25% threshold, enabling MSCI weight increase.
- Step 2Passive index funds and ETFs tracking MSCI India must buy Eternal shares to match the new weight, driving demand.
- Step 3Structural re-rating as the stock gains visibility and liquidity, attracting active fund managers.
Source: CNBC TV18 (Markets)
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