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BSE   22 Jun 18 | 12:22 PM

26.50 0.4 (1.53%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 500191
Face Value: N.A.

NSE   23 Feb 17 | 12:00 AM

40.45 0 (0%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: HMT
1 Week : Rs 27.50 (-3.64%)
1 Month : Rs 27.05 (-2.03%)
1 Year : Rs 39.30 (-32.57%)
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HMT, ITI soar on govt plans to infuse funds

SI Reporter / Mumbai 10 Jul 12 | 02:55 PM

Shares of state-owned companies such as HMT and ITI have rallied more than 10% each on reports that the government is likely to infuse funds to revive the loss-making public sector undertakings (PSUs).

HMT has rallied 18% to Rs 48.55 on back of over five-fold jump in trading volumes. As many as a combined 2.98 million shares have already changed hands on the counter, against around 0.50 million shares that were traded daily in past trading days on the NSE and BSE.

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According to TV channel reports, the government mulls Rs 993 crore revival plans for HMT, of which Rs 441 crore by way of cash infusion.

ITI too, have surged 14% at Rs 26.15 in late noon trades with a combined 1.87 million shares changing hands on the counter so far on both the exchanges.

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