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HMT shares surge 15%on revival package

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Press Trust Of India Mumbai

Shares of HMT on Monday soared by nearly 15 per cent on the bourses after the Board for Reconstruction of Public Sector Enterprises (BRPSE) recommended a Rs 950 crore revival package for the company.After opening on a robust note, the stock gained further and shot up 14.7 per cent to reach the day's high of Rs 47.95 on the Bombay Stock Exchange. At the National Stock Exchange, it was up 14.8 per cent at Rs 48.05.

 

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First Published: Apr 10 2012 | 2:08 AM IST

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