54 s< Movement of sha OCIAL SCIENT TABLE IIre prices (Se 1STlected Companies ) 1 (0 ^re-Budget 1985 (ii) Pro-Budget 1986 [(")-0')]x 100 1. Blow Plast 36.50 120.00 328.8 2. Blue Star 33.00 90.00 272.7 3. Dunlop India 22.30 68.00 304.9 4. Food Specialities 86.00 252.50 293.6 5. GSFC 537.00 1505.00 280.3 6. Hindustan Lever 51.25 146.00 284.9 7. Hindustan Motors 37.50 129.50 345.3 8. Indrol 90.50 375.00 414.4 9. Lakme 74.00 187.50 253.4 10. Larsen & Toubro 72.00 190.00 263.9 11. NOCIL 240.00 622.50 288.5 12. Reliance Industries 120.00 326.00 271.7 13. SPIC 43.50 161.00 370.1 14. Tata Steel 381.00 1360.00 357.0 15. Zenith Steel 28.03 79.00 282.1 Source : Various issues of Financial Express, Bombay. Already existing companies. tal expenditure in the future also in the light of the recommendations of the Sukhamoy Chakravarti Committee to Review the Working of the Monetary System. Thus, the withdrawal of a substantial amount of funds from the stock market will depress the optimism in those markets. Therefore, with a reasonable degree of certainty, we can assume that speculative captial will be re-channelised, once the scope for super profits in stock speculation diminishes, into traditional spheres, i.e. essential commodities. Once that happens, the government can no longer be smug about low rates of whole-sale price increases or price stability in general. G.V. RAMANA Research Scholar, CESP, Jawaharlal Nehru University, New Delhi