Profit-making companies listed on defunct bourses see renewed interest : Our coverage in Economic Times

Savvy investors are lapping up shares of companies that are listed on now defunct bourses like the Delhi Stock Exchange, Ahmedabad Stock Exchange, Cochin Stock Exchange and Madras Stock Exchange .
“There’s a lot of activity among investors in companies which are profit making, dividend paying and have promoters with good reputation,” said Narottam Dharawat, a Mumbai-based broker who deals in such companies. Dollar Industries (Rs 750-800), Frick India (Rs 900-1,000), Eastern Investment (Rs 1,300-1,400), Mid East Integrated Steel (Rs 20 to 22), Resins and Plastics (Rs 140-150) are witnessing brisk activity amongst investors.

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The recent listing of Aspinwall & Co, a Kochi-based logistics company on the NSE at Rs 175, has triggered interest in stocks of profit-making companies listed on defunct exchanges and are likely to be moved to the NSE/BSE soon. For more details see

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