F&O Changes: NSE to Exclude Apollo Tyres, Escorts Kubota, and 3 More Stocks from June Series

The National Stock Exchange (NSE) announced on Thursday, March 20, 2025, that five stocks will be excluded from the Futures & Options (F&O) segment starting from the June series.

Stocks to Be Delisted from F&O Segment

The 5 stocks that will be removed from the F&O segment are:

• Apollo Tyres

On March 21, 2025, Apollo Tyres share price traded 0.43% lower at ₹424.80 at 10:03 AM (IST). Apollo Tyres’s share price reached a 52-week high of ₹584.65, and a 52-week low of ₹370.90. As per BSE, the total traded volume for the stock stood at 5,454 shares with a turnover of ₹23.22 lakhs.

At the current price, Apollo Tyres shares are trading at a price-to-earnings (P/E) ratio of 39.01x, based on its trailing 12-month earnings per share (EPS) of ₹10.89, and a price-to-book (P/B) ratio of 2.59, according to exchange data.

• Deepak Nitrite

On March 21, 2025, Deepak Nitrite share price traded 0.53% higher at ₹2,041.60 at 9:53 AM (IST). Deepak Nitrite’s share price reached a 52-week high of ₹3,168.65, and a 52-week low of ₹1,790. As per BSE, the total traded volume for the stock stood at 3,315 shares with a turnover of ₹67.44 lakhs.

At the current price, Deepak Nitrite shares are trading at a price-to-earnings (P/E) ratio of 82.32x, based on its trailing 12-month earnings per share (EPS) of ₹24.80, and a price-to-book (P/B) ratio of 9.11, according to exchange data.

• Escorts Kubota

On March 21, 2025, Escorts Kubota share price traded 0.19% lower at ₹3,199.00 at 9:56 AM (IST). Escorts Kubota’s share price reached a 52-week high of ₹4,422.00, and a 52-week low of ₹2,732.00. As per BSE, the total traded volume for the stock stood at 1,047 shares with a turnover of ₹33.45 lakhs.

At the current price, Escorts Kubota shares are trading at a price-to-earnings (P/E) ratio of 30.23x, based on its trailing 12-month earnings per share (EPS) of ₹105.61, and a price-to-book (P/B) ratio of 3.62, according to exchange data.

• MRF

On March 21, 2025, MRF share price traded 0.77% higher at ₹1,11,933.60 at 9:58 AM (IST). MRF’s share price reached a 52-week high of ₹1,43,598.95, and a 52-week low of ₹1,00,500.00. As per BSE, the total traded volume for the stock stood at 100 shares with a turnover of ₹1.11 crores.

At the current price, MRF shares are trading at a price-to-earnings (P/E) ratio of 27.86x, based on its trailing 12-month earnings per share (EPS) of ₹4,018.37, and a price-to-book (P/B) ratio of 2.73, according to exchange data.

• Ramco Cements

On March 21, 2025, Ramco Cements share price traded 0.08% higher at ₹848.15 at 10:01 AM (IST). Ramco Cements’s share price reached a 52-week high of ₹1,059.80, and a 52-week low of ₹700. As per BSE, the total traded volume for the stock stood at 270 shares with a turnover of ₹2.28 lakhs.

At the current price, Ramco Cements shares are trading at a price-to-earnings (P/E) ratio of 39.47x, based on its trailing 12-month earnings per share (EPS) of ₹21.49, and a price-to-book (P/B) ratio of 2.80, according to exchange data.

Final Trading Date for F&O Contracts

NSE stated that these stocks will no longer be available for trading in the F&O segment after May 27, 2025, which marks the expiry of the May F&O series.

This means that no new futures or options contracts will be introduced for these stocks beyond May.

Existing Contracts to Continue Until Expiry

While these stocks will be excluded from the F&O segment after May, the exchange clarified that existing unexpired contracts for March will continue to be traded as usual. Additionally, new contracts for the April and May series will be introduced as scheduled.

This move is part of NSE’s periodic review of F&O-listed securities to ensure adequate liquidity and risk management in the derivatives market.

Conclusion

The National Stock Exchange (NSE) announced the exclusion of Apollo Tyres, Deepak Nitrite, Escorts Kubota, MRF, and Ramco Cements from the Futures & Options (F&O) segment after May 27, 2025.

While no new contracts will be introduced beyond May, existing contracts for March, April, and May will continue trading as scheduled. This move aims to enhance market liquidity and risk management.

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.