The government plans to sell a 3.5% stake in NHPC through OFS and a 5% drop in NHPC shares
The state-run hydropower producer’s stock rose 1.2% yesterday, along with gains in other PSU stocks, and closed at Rs 73.25. On January 17, the company announced that the Offer for Sale (OFS) for NHPC will open on January 18 for non-retail investors. Retail investors will be able to bid on Friday. Under the OFS, the … Read more