MoneyWorks4Me

The government is likely to sell prime properties owned by Hindustan Machine Tools (HMT) in Bangalore, at Kalamassery in Kerala, Hyderabad, at Praga in Andhra Pradesh, at Pinjore in Haryana and at Ajmer in Rajasthan. The Government is quitely going ahead with this sale, under the pretext of a revival plan proposal for HMT.

There is a chance that the prime property will go to real estate players and government is not trying to use the land for the development of the machine tools manufacturing.

Peers
Company Name CMP
Bharat Heavy Elect. 423.00
Thermax 3462.85
Kirloskar Industries 3678.25
Skipper 568.00
INDO-MIM 1251.30
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