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PSU STAKE SALE
Can Rs 6.6 lakh crore in potential PSU divestments bring FPIs back to Indian markets? Axis Capital explainsAxis Capital says faster government divestments could expand India’s investable equity pool, ease valuation pressures and limit foreign out...
Nominal GDP growth set to surge to 12%. Why the stock market may still struggle to rallyIndia’s nominal GDP growth could accelerate to 11.5%-12% in FY27, supporting stronger corporate earnings. However, elevated valuations, ris...
Hindustan Copper shares fall 3%, multibagger stock drops 6% in 3 days as OFS concludes. What lies ahead?Hindustan Copper shares fell around 3%, after the government concluded its Rs 2,982-crore OFS, which was oversubscribed. The company also f...
Hindustan Copper OFS oversubscribed on both days, says govt. Here are all the detailsHindustan Copper’s government OFS drew strong institutional demand, with the non-retail portion subscribed 3.41 times on Tuesday. The Centr...
Government mobilises about Rs 3,000 crore from Hindustan Copper OFSThe government successfully raised nearly Rs 3,000 crore from selling Hindustan Copper shares. This offer for sale saw strong participation...
Independence Day 2026: The companies India built for business backbone enter a new chapter2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing a significant transformation. The...
SBI shares rise nearly 2% after Q1 beat. Here's what Nomura, Morgan Stanley and other top brokerages expect nextSBI shares gained 1.55% after the lender reported a 10% YoY rise in Q1 FY27 standalone net profit to Rs 21,121 crore, beating Street estima...
LIC shares sink 9% as OFS opens at 11% discount. Here's all you need to knowLIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in the insurer opened for institution...
LIC OFS opens on August 4 as govt looks to sell up to 6.5% stake. Check detailsThe government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest u...
Global Market Today: Asian stocks fall on AI jitters, oil extends dropAsian equities dropped as artificial intelligence spending concerns fueled chipmaker selloffs. Crude oil extended its decline, with Brent s...
Rekha Jhunjhunwala sells 1 crore Canara Bank shares in Q1. What's behind the move?Veteran investor Rekha Jhunjhunwala sold over 1.07 crore Canara Bank shares during the April–June quarter, reducing her stake from 1.54% to...
Cochin Shipyard shares dip 2% as govt’s OFS opens for retail investors todayCochin Shipyard shares fell over 2% as the Centre's OFS opens for retail investors after the non-retail portion was subscribed 3.52 times. ...
Govt lines up PSU stake sales to cushion budget hit from oilIndia is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., t...
As pace slows, PMO seeks to add impetus to asset monetisation"A monitoring committee may be able to draw ministries, departments and public sector enterprises out of their reluctance," an official sai...
Government approves listing of general insurers, fast tracking disinvestmentIt (listing) could be either by fresh equity or Offer for Sale. Both options are available. We can expand the shareholding so that the gove...
Government to revive strategic stake sale in PSUs"The strategic sale will come up before the Cabinet very shortly," a top source said.
Government readies plan for big-ticket stake sale in 22 PSUsOn the list are cos that are profitable and some that aren’t. The key criterion is that none of them are engaged in areas that are strategi...
Finance Ministry hopeful of raising Rs 13K crore from PSU stake sale by DecemberFinMin is hopeful of raising Rs 12K-13K cr from stake sale in the PSUs by Dec-end which could help the govt to rein in fiscal deficit to ar...
- ETF route for PSU stake sale may be a clever idea, but not an easy sell
Unfortunately, it seems that the government has little confidence that such a campaign of stock sale can be mounted successfully.
- 94% of PSU offerings since 2003 gained over 10% on debut trade
An analysis of 28 PSU stake sale offerings, shows that 63% of the offerings have generated significant value for investors over the issue p...