Ranbaxy replaced by Hero Honda on BSE

Ranbaxy replaced by Hero Honda on BSE
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First Published: Fri, May 15 2009. 10 45 PM IST
Updated: Fri, May 15 2009. 10 45 PM IST
Mumbai: Ranbaxy Laborataries Ltd has been replaced on the Sensex by Hero Honda Motors Ltd, the leading maker of motorcycles, the Bombay Stock Exchange said in a statement on Friday. The Sensex is the 30-stock bellwether index of the BSE. The change becomes effective from 29 June.
Japanese firm Daiichi Sankyo Co. Ltd last year acquired a majority stake in Ranbaxy Laboratories.
The changeover is part of a routine review conducted by BSE.
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First Published: Fri, May 15 2009. 10 45 PM IST