Govt expands Hindustan Copper stake sale amid strong OFS demand

Mint Mint

The floor price of ₹514 per share represents a more than 10% discount to the previous closing price, piling selling pressure on the stock.

At the floor price, the Centre would raise about ₹2,982 crore by selling the full 6% stake, including the 3% greenshoe option to meet excess demand.

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