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Asia

Hindustan Copper OFS: Government to sell up to 6% stake at ₹514 per share, 10% below market price

mint - markets · 1h ago · 🇮🇳 India

Hindustan Copper OFS: Government to sell up to 6% stake at ₹514 per share, 10% below market price

The Indian government plans to sell up to 6% stake in Hindustan Copper through an OFS, with a floor price of ₹514 per share, reflecting a 10.45% discount. The stock has risen 17% in August due to increased global copper prices and supply concerns.

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