Some PSU shares trades up
Wednesday, July 15, 2009 11:15 amBy ShareGyan.com NewsDesk
MMTC, NMDC, Hindustan Copper and NTPC trades high. In the meantime, the BSE was high with 69.06 points to 13,922.76
Reportedly, Hindustan Copper, MMTC, and NMDC as likely contenders that could be directly taken up for divestment as the government owning in each of these firms is more than 98% as at close of June this year. The Government of India owns 99.59% share in Hindustan Copper as in March. It owns 98.38% in NMDC as in March and 99.33% in MMTC as in June. NTPC could also be considered for divestment.
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