Concor and Tata Elxsi Share Price Fall After MSCI Index Removal

Container Corporation of India (Concor) and Tata Elxsi share price fell on Thursday after MSCI removed both companies from its Global Standard Index. This move often leads to selling by global investors who track MSCI indices.

Concor share price slipped over 4% to ₹520.5, its biggest fall since August, while Tata Elxsi dropped around 2% to ₹5,222. Around 12:43 PM, both stocks were still down Concor by 3.5% and Tata Elxsi by 2.5%, even as the Nifty50 dipped just 0.12%.

So far in 2025, Concor share price is down 17%, and Tata Elxsi has fallen 23%, while the Nifty is up 8% in the same period.

What Changed in the MSCI November Review?

MSCI added 4 companies, Fortis Healthcare, GE Vernova, One 97 Communications (Paytm), and Siemens Energy, to its Global Standard Index.

In the MSCI India Domestic Small Cap Index, 7 stocks were added, including Astral, Tata Elxsi, Honeywell Automation, Leela Palaces, Thermax and others, while 33 stocks were removed.

Tata Elxsi Q2 FY26 Earnings Performance

Tata Elxsi posted a 32.5% drop in net profit to ₹154.8 crore in Q2 FY26.
However, compared to the previous quarter, profit increased 7.2%.
Revenue also slipped to ₹918.1 crore, down from ₹955.1 crore YoY.

Also Read, Dividends and Bonus Issue This Week (November 3-7, 2025)!

Concor Q2 FY26 Earnings: Operational Update

Concor saw improvement in overall container handling during Q2:

• Total throughput: 14,40,724 TEUs, up from 13,03,402 TEUs last year
• EXIM throughput: Up 8.72% YoY to 10,93,453 TEUs
• Domestic throughput: Up 16.67% YoY to 3,47,271 TEUs

EXIM reflects goods imported or exported using shipping containers.

Conclusion

The MSCI index removal has put pressure on both Concor and Tata Elxsi shares, mainly due to expected foreign fund outflows. While Concor’s operations show healthy growth and Tata Elxsi’s quarterly numbers are mixed, investor sentiment may remain cautious in the short term until the index changes take effect.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.