The government's 4 per cent stake sale in Hindustan Copper was today over-subscribed, marking the start of ambitious Rs 30,000-crore disinvestment programme that is crucial for meeting the fiscal deficit
Shares in state-run Hindustan Copper Ltd fell as much as 18. 6 per cent on Friday after the government set the base price for its 4 per cent stake sale
The Indian government will sell a 4 percent stake in state-run Hindustan Copper Ltd through an auction of shares on Friday, the official in charge of the government's divestment programme
State-owned Hindustan Copper is planning to raise $ 250 million (Rs 1,250 crore) in the current quarter through overseas borrowings to part-finance its expansion activities.
"We are looking to raise
Shares in state-run companies MMTC, Hindustan Copper and Dredging Corp of India surged 8-11 percent on hopes the government would initiate stake sales in these companies.
Those expectations come state-run
The Government has set a target to raise Rs 40,000-crore through disinvestment this year and has lined up public offers of Power Finance Corporation, SAIL, ONGC and Hindustan Copper in
Hindustan Copper nosedived by over 10 per cent on the Bombay Stock Exchange amid media reports that the company's follow-on public offer may be priced at a discount of over
Shares of Hindustan Copper today surged four per cent in the early session on BSE, buoyed by a nearly four-fold jump in its second quarter profit reported yesterday.
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