Saturday, May 23, 2009

>Probable divestment candidates

Probable divestment candidates

Company

Government(% stake)

Sector

Canara Bank

73.17

Banks

Syndicate Bank

66.47

Banks

Bank of India

64.47

Banks

UCO Bank

63.59

Banks

Indian Overseas

61.23

Banks

State Bank of India

59.41

Banks

Punjab Natl Bank

57.8

Banks

Corporation Bank

57.17

Banks

Union Bank (I)

55.43

Banks

Allahabad Bank

55.23

Banks

Vijaya Bank

53.87

Banks

Bank of Baroda

53.81

Banks

J & K Bank

53.17

Banks

IDBI Bank

52.67

Banks

Andhra Bank

51.55

Banks

Dena Bank

51.19

Banks

Oriental Bank of Comm.

51.09

Banks

PFC

89.78

Finance

REC

81.82

Finance

ITI

92.98

Telecomm

Punjab Commun

71.21

Telecomm

Andrew Yule & Co

94.42

Diversified

Neyveli Lignite

93.56

Power

NTPC

89.5

Power

Power Grid Corp

86.36

Power

Hind Organ Chem

58.61

Chemicals

HMT

98.88

Automobile

Scooters India

95.38

Automobile

FACT

98.11

Fertilizers

Natl. Fertilizer

97.64

Fertilizers

RCF

92.5

Fertilizers

NMDC Ltd

98.38

Mining

Hind Copper

99.59

Non Ferrous Metals

Natl. Aluminium

87.15

Non Ferrous Metals

MMTC

99.33

Trading


RESEARCH REPORTS

2 comments:

Achin Jain said...

all of them already moved .. and you did missed omc and refining companies ... i don't think bank should be looked at possible divestment candidates keeping one eye on US banking space.

surendra said...

There are some other candidates like Engineers India, Dredging Corp. Concor, Balmer Lawrie, & oil refining companies, but these all moved up by 50% to 150% in less than 2 months.

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