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Hero Honda to replace Ranbaxy in Sensex

This article was posted on May 17, 2009 and is filed under Stock News

MUMBAI: Drug maker Ranbaxy Laboratories Ltd will be replaced in Sensex by motorcycle maker Hero Honda on June 29, the Bombay Stock Exchange said said in a statement on Friday.

Japan’s Daicchi Sankyo bought a majority stake in Ranbaxy last year. Japan’s Honda Motor Corp has a 26 per cent stake in Hero Honda.

source: Economictimes

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