Inclusion of Sterlite in the S and P India 10 Index

Subscribe to Oneindia News

Mumbai, Mar 28: Sterlite Industries (India) Limited ("Sterlite") is pleased to announce that it has been included in the recently launched S and P India 10 Index (the "S and P India 10").

The S and P India 10 is designed to provide investors with tradable exposure to the Indian equity market as well as serve as a basis upon which to create investment products.terlite is the only company from the Materials sector in the S and P India 10. The S and P India 10 comprises ten of the largest and most liquid Indian companies which trade on developed market exchanges namely the Hong Kong Stock Exchange, the ondon Stock Exchange, the NASDAQ or the New York Stock Exchange.

In addition, included companies must already be a constituent of the S and P/IFCI India Index, with a float-adjusted market capitalization above US 500 million dollars and six-month average daily trading value above US 1 million dollars. Sterlite Industries is India's largest non-ferrous metals and mining company with interests and operations in aluminum, copper and zinc and lead.

ANI

Please Wait while comments are loading...