WNS to Benefit from Enhanced Market Access and Stability
WNS (Holdings) Limited, a global leader in digital-led business transformation and services, has announced that its common stock will be included in the prestigious WNS MSCI USA Small Cap Index, as per the list of additions released by MSCI on November 6, 2024. The inclusion will take effect after the close of the US equity markets on November 25, 2024. This move marks a significant milestone in the company’s continued growth and transformation, providing WNS with increased access to capital, greater visibility, and improved share price stability.
Keshav R. Murugesh, Group CEO of WNS, expressed his excitement about the development, stating, “WNS welcomes our addition to the MSCI USA Small Cap Index. Our inclusion highlights the company’s strong financial position and ongoing transformation. Just like our recent inclusion in the Russell 2000®, we anticipate that this addition will expand our capital access, boost visibility, and stabilize our share price.”
About the MSCI USA Small Cap Index
The WNS MSCI USA Small Cap Index measures the performance of the small-cap segment within the US equity market. Comprising 1,737 constituent stocks, the index represents around 14% of the total free float-adjusted market capitalization in the US. MSCI indexes are widely recognized and utilized by institutional investors and fund managers, serving as benchmarks for investment strategies and index funds. This recognition is a key advantage for WNS MSCI as it seeks to expand its presence in global markets.
WNS: A Leader in Digital Transformation
WNS, founded in 2002, is a digital-led business transformation and services partner. With expertise across various sectors, the company combines domain knowledge with advanced technology and AI to deliver innovative solutions. It serves over 600 clients worldwide, providing services in areas such as customer experience, finance, human resources, procurement, research, and analytics. As of September 30, 2024, WNS employed nearly 63,000 professionals across 66 delivery centers in diverse regions, including North America, Europe, and Asia.
This latest achievement further strengthens WNS MSCI’s position in the market, underscoring its ongoing evolution and robust financial performance. The addition to the MSCI USA Small Cap Index, alongside its recent inclusion in the Russell 2000®, reflects the company’s strong foundation and growing stature in the business world.
