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Moneycontrol.com >> Message Board >> View Messages >> Axis Bank
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Divestment Buzz (1)   03-May-08 20:56Tracked by (0)  
Posted by:   stox & more on ( 03-May-08 20:56 )
Price : BSE: Rs 933.20 ( 0.96 % ), NSE: Rs. 935.65 ( 1.31 % )
Strong Fundamentals of the company and Government plans of divestment in this counter makes it an attractive buy.............Buzzing Counter.

The government has set in motion the process of selling stake in few blue chip companies now vested with the Specified Undertaking of UTI (SUUTI). Having set a target of realizing Rs 9,000 crore this fiscal from the assets of SUUTI, the government has asked the board of UTI to work out the modalities for the sale. The attractive assets that top the list of the undertaking’s inheritance after the split of the UTI Mutual Fund in 2002-03 are Axis Bank in which it has a holding of 27%, a little over 12% in ITC and close to 10% in L&T.
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  • 18, 17:30
  • Last Price
  •     Change
  • Volume 
  • BSE
  • Rs.686.80
  •  51.30    8.07%
  • 1398298 
  • NSE
  • Rs.685.60
  •  50.15    7.89%
  • 3502093 
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