Indian government to sell stakes at two mining companies
Publicado em: 19/01/2010 22:42:00
Indian government unveiled today a plan to sell stakes of state-run companies, reducing its share in as many as 68 firms to improve returns. Two mining companies are in the list: NMDC, India's largest iron ore producer, and Hindustan Copper, a base metals company. And both companies' shares jumped on the news: NMDC stocks rose 8.5% and reached their highest price since it began trading in 1997 while Hindustan Copper had a 2-year high after today's 16.2% jump.