Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Divestment in PFC, REC, NHPC, Nalco, Hindustan Copper and NMDC could be considered
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
Last week, the government had introduced a fresh round of austerity measures, including bans on first class travel, creation of new posts and holding meetings in five-star facilities.
Most expect the Budget to be path-breaking.
'It's not as if power demand is falling. It's that generation has outpaced demand.'
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
'It is my duty to give the govt the right price of crude oil.'
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