Sign In / Register
Make This My Home Page | Feedback |RSS
You are here: IE »   Story

Govt holding dips by over $100-bn in stock market

  • Print
  • Mail This Article
  • Comments
  • Add to favorites
  • Personal Loan

    Including an estimated 46 companies where the Government of India is a promoter, either directly or through other PSUs, there are more than 80 listed firms where either the central or state governments or other government entities is among the promoter group, according to shareholding patterns available with the bourses. The total market capitalisation of all these companies has dropped by about Rs 5,50,000 crore from nearly Rs 18,60,000 crore on January 10 to close to Rs 13,08,000 crore as on April 4. Besides, the value of the government holding in these firms has dropped from about Rs 14,60,000 crore on January 10 to close to Rs 10,28,000 crore currently.

    Previous12
    Comments
    Post comment

    Be the first to comment.

    Post a Comment
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.