Recently, we have seen a major spurt in all PSU stocks , whether it's a listed company or not. There is great news of IPO & FPO of the PSU units in the stock market. The Govt. has recently announced the proposal of reducing the promoter stake to maximum of 75% of the total equity or else the public participation in any company has been settled to a minimum of 25%. This cowers not only private units but also all PSU stocks. Govt. has been carrying a fiscal deficit in budget due to prolonged carried forward balance and also due to waiver of farmer loan in last budget. The recovery of such deficit will be done by either making initial public offer of unlisted stock or by divesting the stake in already listed stocks to get reasonable amount of funds to settle the deficit.
Now we are expecting IPO of the following PSU stocks :- BSNL , VSNL , COAL INDIA , KUDREMUKH , SATLUJ JAL VIDYUT NIGAM.
We can expect divestment in those PSU stocks , where the govt. stake is reasonably high. Like wise NMDC , MMTC , STC , HINDUSTAN COPPER , REC , NTPC , NEYVELI LIGNITE , SAIL , ENGINEERS INDIA , RCF , HMT , ANDREW YULE ETC
NOTE :
All registered members are hereby informed that they may email me mentioning there date of registration with us to claim for the detail study of the divestment in public sector and the gem stock stock to be bought , the price level for best buy and target expectation.