Hindustan Copper Shares Fall 6% As Govt Announces 6% Stake Sale Via OFS At 10% Discount
Shares of Hindustan Copper declined sharply in early trade on Tuesday after the government announced an Offer for Sale (OFS) to divest up to a 6% stake in the state-owned company. The floor price for the offer has been fixed at Rs 514 per share. The stock fell 6.71% to Rs 535.65 on the NSE by 9:34 am, compared with its previous close of Rs 574.15. Govt To Sell Up To 6% Stake The Centre will…
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