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Government eyes 3000 crore by selling 6% in Hindustan Copper
MUMBAI: Govt is selling up to 6% in Hindustan Copper at a floor price of Rs 514 per share through an offer for sale (OFS) to mobilise about Rs 3,000 crore. The floor price for the OFS is at an 11.6% discount to the stock's closing price of Rs 573.6 on BSE on Monday.
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m.economictimes.com
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%. The sale offers a discount to market price amid…
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thehindubusinessline.com
Centre to sell up to 6% stake in Hindustan Copper
In the concluded financial year FY 2025-26, the company has earned a Profit Before Tax (PBT) of ₹1232.73 Crore against a Net Sales turnover of ₹3054.4 Crore.
