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Govenment to divest stake in NMDC, stock up
Published on Fri, Jul 17, 2009 at 13:24   |  Updated at Fri, Jul 17, 2009 at 13:26  |  Source : Moneycontrol.com

NMDC touched an intraday high of Rs 392.60 and an intraday low of Rs 374. At 1:20 pm, the share was quoting at Rs 382.65, up Rs 25.70, or 7.20%.

Govenment is going to divest stake in Kudremukh Iron Ore, Manganese Ore, NMDC. NMDC sale may fetch between Rs 10,351 crore-Rs 24,704 crore. NMDC is listed with 1.62% market float and rest stake is with Government of India. It may divested between 8.38%-20%, reports CNBC-TV18.
 
It was trading with volumes of 610,533 shares, compared to its five-day average of 244,111 shares, an increase of 150.11%.


Share Price Movement During The Last 12 Months
Period Price Latest Price Gain/Loss (Rs.) % Gain/Loss
3-Days 320.00 382.65 62.65 19.58
5-Days 309.10 382.65 73.55 23.79
7-Days 329.90 382.65 52.75 15.99
15-Days 358.75 382.65 23.90 6.66
1-Month 403.50 382.65 -20.85 -5.17
3-Month 206.20 382.65 176.45 85.57
6-Month 151.85 382.65 230.80 151.99
9-Month 184.15 382.65 198.50 107.79
1-Year 226.80 382.65 155.85 68.72

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