NHPC shares tumble 5% as govt’s OFS worth up to Rs 4,300 crore opens at 8% discount. Check details

NHPC shares saw a significant drop of nearly 5 percent. This decline followed the government's launch of an offer for sale. The government plans to divest up to a 6 percent stake in the public sector undertaking. The offer opened for non-retail investors on T…

Shares of NHPC fell nearly 5% to Rs 73.42 apiece on Tuesday after the government launched an offer for sale (OFS) to divest up to a 6% stake in the PSU. The OFS, which opened for non-retail investors…

Originally published by The Times of India. Read the full article →