Sandip Sabharwal says: “Among the largecaps, I would say that something like Tata Steel could possibly do well, like the iron ore story is also looking decent. Hindalco has already done very well, so there is a possibility Vedanta could come back. The only spanner in the works there is the huge debt of the parent and what happens to that.”
The share of private promoters in companies listed on NSE declined to a 4-year low of 41.55 per cent as on September 30, 2023, according to Primeinfobase, an initiative of Prime Database Group.Over the last one year alone, it has fallen by 306 .
While government ownership was at 5-yr high, the share of private promoters declined to a 4-year low of 41.55 percent in the September quarter. Over the last year along, it has fallen by 306 basis points
Private Promoter Holding Slumps To 4-Yr Low menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.