SENSEX Rejig: Trent, BEL to replace Nestle India, IndusInd Bank in June; check key details

In the latest reshuffle, BSE announced that Tata Group-owned Trent and state-owned Bharat Electronics (BEL) will replace Nestle India and IndusInd Bank in the 30-share benchmark index, SENSEX.

The rejig marks a shift in the composition of the benchmark index, with Trent and BEL being added while FMCG major Nestle India and private sector lender IndusInd Bank will exit the SENSEX as part of the reconstitution.

In a broader reshuffle, the exchange also announced changes in other indices as well.

In the BSE Sensex 50 index, InterGlobe Aviation, which operates India's largest airline, IndiGo, and Shriram Finance will be included, replacing Britannia Industries and Hero MotoCorp.

In addition, Britannia Industries, Dixon Technologies (India), Coforge, Hero Motocorp, and Indus Towers will be added to the BSE Sensex Next 50 index. Interglobe Aviation, Shriram Finance, Bharat Forge, Dabur India, and Siemens will be dropped from the BSE Sensex Next 50.

Additionally, IDFC First Bank is set to join the BSE Bankex benchmark, replacing Canara Bank, it added.

BEL Q4 Results

Bharat Electronics reported a net profit of ₹2,127 crore for the fourth quarter of the financial year 2024-25 (Q4 FY25), marking an increase of 18% from ₹1,797 crore logged during the same period last year.

Its revenue from operations rose 7% to ₹9,150 crore as against ₹8,564 crore seen in the year-ago period.

The Bengaluru-based company posted a strong operational performance in Q4 as its operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose 23% to ₹2,816 crore and its EBITDA margin improved by 410 basis points to 30.8% from 26.71%.

Profit after tax (PAT) during FY 2024-25 stood at ₹5,288.25 crore, with a growth of 31.55% over the PAT of ₹4,020 crore recorded during the previous year.