Thursday, December 3, 1998
US-64 depreciation figure just notional, says Yashwant Sinha
Finance minister Yashwant Sinha today said the depreciation to the tune of Rs 3,566 crore in the value of investments which was reflected in the balance sheet of US-64 is notional and `as and when the stock market prices improve this ''notional depreciation' would be recouped.
Reliance steals the show on BSE
Amidst thin volumes and lacklustre trading environment, Reliance Industries once again shot back to glory with a significant rise in volumes. The Reliance counter today clocked a phenomenal volume of 86.75 lakh shares on the BSE and over 1 crore shares on the NSE.
Kothari shareholders have a reason to smile
The 100% dividend announced by Kothari Products is sure to perk up sentiments in the counter. The appreciation in the scrip together with the 9% dividend yield should make the Kothari shareholders happy.
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