The government does not intend to stay in it for long, and will look for an exit route once the share price is above Rs 10.
RN Nayak, Chairman & MD, Power Grid, says capitalization is more than Rs 7,000 crore as on date. According to him, it is sufficient to take a view for the whole year.
RN Nayak, CMD of Power Grid Corporation of India told CNBC-TV18 that it has reviewed the capex of the plan and have found that the capex is increasing from Rs 100,000 crore to Rs 110,000 crore.
Anand Bagaria, senior research analyst, Finquest explains to CNBC-TV18 that pharma major Wockhardt has posted a strong run in terms of a stock performance as well as fundamentals and gained over 250% from the start of the year.
Atul Agarwal, joint managing director of Mercator Lines joins CNBC-TV18 to clear the air of rumours of the company defaulting in its loan repayment. "We might, in fact, pre-pay the loan in the next three months," he says.