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Lupin replaced by JSW Steel

Discussion in 'Technical Analysis' started by nirajshah, Aug 28, 2018.

  1. nirajshah

    nirajshah Champion

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    If Lupin is replaced by JSW steel then EPS of Nifty will increase because JSW Steel has much higher eps than Lupin but growth according to me for a cyclical like JSW will be less than Lupin.

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  2. shabbir

    shabbir Administrator Staff Member

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    That is always the case but when Lupin went out of Index, I expect selling pressure in the stock but it was quite the opposite reaction. Lets see now we see some selloff in the stock.
     
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