What's common to GE and Cipla?
An exit from their respective benchmark indices
Last Updated: Jul 02, 2018, 16:47 IST1 min

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Closer home our benchmark Sensex is reconstituted twice a year to reflect more accurately the trials and tribulations of any one sector. In the last year, decline in the profitability —on account of the decline in prices of generic drugs and inspections of facilities in India by the USFDA—has resulted in Lupin, Cipla and Dr Reddy’s moving out of the Sensex. What’s replaced them? Yes Bank, IndusInd Bank and Vedanta. All three have seen profitability surge in the last decade.
First Published: Jul 02, 2018, 16:47
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