Hindustan Copper shares in focus as government opens 3% OFS at 10% discount to market price

The government has announced its intention to divest a 3% holding in Hindustan Copper through an offer for sale, commencing for non-retail investors on August 25, with retail options shortly thereafter. The share floor price is pegged at Rs 514, below the closing value. If the offer is met with high demand, an extra 3% may be available.