National Stock Exchange (NSE) has said that there would be ten more Underlyings from the expiration of the August Series and these will be available for trading from August 27, 2021. By the September series, the stocks would be available in the Futures and Options segment for trading.
Let us take a glance at the following:
Here’s a brief of these newly added stocks-
1. CAN FIN HOMES:
Can Fin Homes Limited is a housing finance company operating since the year 1987. It mainly focuses on providing housing loans to salaried people with the motto of Friendship Finance. The company operates around 187 branches across India.
2. DIXON TECHNOLOGIES (INDIA) LIMITED:
Beginning with the manufacturing of Color TV in 1993, this company commenced its business in the homegrown manufacturing sector. It provides electronic manufacturing services for home appliances, lighting, mobile phones, security devices, and many more.
3. HINDUSTAN AERONAUTICS LTD:
Amongst the oldest companies operating, Hindustan Aeronautics Ltd was Hindustan Aircraft Limited since its inception year 1940 in Bangalore by Shri Walchand Hirachand with the fascinating aim of manufacturing aircraft in India. It has been operating on a massive scale for the last 79 years smoothly.
4. INDIAN ENERGY EXCHANGE LIMITED:
IEX is India’s leading marketplace for providing automatic trading networks for the physical delivery of electricity, renewables, and certificates. The company allows choices to trade in the Electricity market, Greenmarket, and certificates.
5. INDIAMART INTERMESH LIMITED:
Indiamart is the largest online B2B platform that brings together suppliers and buyers from all over India under one marketplace. They are mainly engaged in Pharmaceutical Items, Food, and Agricultural products, industrial machinery, etc.
6. IPCA LABORATORIES:
IPCA LTD is a fully- integrated pharmaceutical company operating across the globe. For more than 60 years, this company has been a crucial healthcare partner becoming the largest manufacturer and supplier with around 12 APIs globally.
7. MULTI COMMODITY EXCHANGE OF INDIA LIMITED:
MCX is the leading commodities derivatives trading platform which was started in November 2003. This platform deals with risk management and price discovery. It works under the regulatory framework of the Securities Exchange Board of India.
8. ORACLE FINANCE SERVICES SOFTWARE LTD:
OFSS operates under the Oracle Corporation for providing retail banking software solutions. Ensuring customer loyalty, building secure UI/UX, and mobile banking. It is a top-level banking platform provider with its efficient Retail, Corporate, and SME banking functionality.
9. POLYCAB INDIA LIMITED:
Polycab is the largest manufacturing and selling company of cables, wires, and also FMEG i.e. fast-moving electrical goods. It was incorporated on 10th January 1996 under the Companies Act,1956 in Mumbai. Mainly they provide power cables, control cables, instrumentation cables, building wires, etc.
10. SYNGENE INTERNATIONAL LIMITED:
Syngene basically renders in scientific services right from research to supplying commodities needed. It provides services to biotechnology, pharmaceutical, animal health, and chemical companies. With the embedding vision to be a global partner delivering scientific solutions, the company aims on maintaining trustworthy client relationships.