JSW Steel to Replace Lupin in India’s Nifty 50 Index - EasternEye

JSW Steel to Replace Lupin in India’s Nifty 50 Index


JSW Steel Ltd., world’s best performing steel stock has replaced major drug producer Lupin Ltd in the India’s benchmark National Stock Exchange (NSE) Nifty 50 index to join Tata Steel Ltd, the only other steel producer in the index. The change is made on period reconstruction basis and will be effective from September 28, this year. JSW Steel is the world’s best-performing steel stock and has recorded an over 30 per cent rise so far this year and except India, it has managed to out-form the major steel producers in the globe. JSW Steel recorded a crude steel production of…

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