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Hindustan Copper shares in focus as OFS opens for retail investors. Here are all the details
Hindustan Coppers government OFS drew strong institutional demand, with the non-retail portion subscribed 3.41 times on Tuesday. The Centre exercised the full greenshoe option, taking the potential stake sale to 6%, while retail investors can bid on Wednesday at a floor price of Rs 514 per share. The companys strong Q1 performance and plans to expand mining capacity also remain in focus.
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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.
