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Govt to disinvest 8.38% in NMDC by current fiscal

30 Dec 2009 Evaluate

The government of India has desired to complete the process of disinvestment of 8.38 per cent of paid-up equity in NMDC Ltd, out of government's shareholding through further public offer in the domestic market during the current financial year. As of September quarter, the Government held about 98.38 per cent in NMDC, and the rest were with the public.

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Peers
Company Name CMP
Coal India 402.85
NMDC 67.25
Ashapura Minechem 427.30
Sandur Manganese 161.45
GMDC 436.80
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