Public sector stocks outperform other sectors in '09

[...] its closest competitor NTPC slipped from first to second slot, despite gaining Rs 22,675 crore to its market cap.Though the net profit and sales of the company increased by 2% and 11.7% respectively during the second quarter, the P/E ratio of NTPC decreased from 21.6 on January 1, 2009 to 19.8...

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Bibliographic Details
Published inFinancial Express
Main Author Dey, Pradip Kumar
Format Newspaper Article
LanguageEnglish
Published New Delhi Athena Information Solutions Pvt. Ltd 07.12.2009
Subjects
Divestiture
Public sector
Securities markets
Stock exchanges
Stock prices
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Summary:[...] its closest competitor NTPC slipped from first to second slot, despite gaining Rs 22,675 crore to its market cap.Though the net profit and sales of the company increased by 2% and 11.7% respectively during the second quarter, the P/E ratio of NTPC decreased from 21.6 on January 1, 2009 to 19.86 on November 30, 2009.\n