SENSEX 74,029.91
NIFTY 23,301.95
CRUDEOIL 8,707.00
GOLD 154,300.00
SILVER 266,792.00
NHPC shares drop nearly 5% as government announces discounted offer for sale of 6% stake in the company.
Government divested 6% NHPC stake at ₹71/share (8% discount), causing 4.6% stock decline and raising ₹4,200 crore. State asset divestiture signals PSU restructuring; reshapes IT spending and digital modernization priorities for India's public utilities.
SENSEX 74,029.91
NIFTY 23,301.95
CRUDEOIL 8,707.00
GOLD 154,300.00
SILVER 266,792.00

NHPC shares saw a significant drop of nearly 5 percent. This decline followed the government's launch of an offer for sale. The…

The government will sell up to a 6% stake in NHPC through an OFS at Rs 71 per share, aiming to raise about Rs 4,200 crore for…

Coal India shares drop over 6% as government plans 2% stake sale through an offer-for-sale (OFS) announcement.

The government on Monday announced to sell up to 6 per cent stake in NHPC via OFS at a floor price of Rs 71 per share.

Coal India’s Offer for Sale saw over 8x subscription on Day 1, prompting the government to activate the green shoe option.

Coal India shares dropped after the government announced plans to sell up to a 2% stake in the company through an Offer for Sale…