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Share of govt holding in listed companies rises 4% in March quarter

By Aaronn Sittig
0

The share of the Government of India (GoI) as a promoter in companies listed on the National Stock Exchange (NSE) increased to 5.48 per cent as on January-March of 2021-22, from 5.25 per cent in the previous quarter (October-December) — a rise of 4.38 per cent.

The share has been on a steady downswing since June 2009, when it was 22.48 per cent as a consequence of the government’s divestment programme and insufficient new listings, taking into consideration the lacklustre performance by many central public sector enterprises, relative to their private peers. In value …




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First Published: Thu, May 05 2022. 02:51 IST

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Aaronn Sittig
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