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STAKE SALE NHPC
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...- NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens todayNLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investo...
- NLC India OFS over-subscribed 5 times, institutional buyers put in Rs 4,158 cr bidsThe government's offer for sale in NLC India saw strong demand on the first day. Non-retail investors bid for shares worth Rs 4,158 crore. ...
- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
- Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 croreHindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs...
- Government said to weigh up to $525 million Hindustan Zinc share saleThe government is considering selling up to a 2% stake in Hindustan Zinc Ltd., a move that could raise around Rs 5,000 crore. The stake sal...
- NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here's all you need to knowNHPC shares surged over 5% as the government's offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on t...
- Stocks in news: Alkem Labs, Vedanta, Canara Bank, NHPC, Adani PortsMarkets closed higher on weekly expiry day despite volatility, with Nifty showing signs of recovery but facing resistance around 23,800-24,...
- NHPC offer plugs into green energy appeal, more suited for patient playNHPC's offer for sale is underway. Analysts suggest it offers long-term potential for patient investors. The government is divesting up to ...
- NHPC OFS subscribed nearly 3.5 times on Day 1, Govt to exercise green shoe optionThe government on Monday announced to sell up to 6 per cent stake in NHPC via OFS at a floor price of Rs 71 per share.
- NHPC shares tumble 5% as govt’s OFS worth up to Rs 4,300 crore opens at 8% discount. Check detailsNHPC Share Price: NHPC shares saw a significant drop of nearly 5 percent. This decline followed the government's launch of an offer for sal...
- Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
- No formal communication on government's NHPC stake sale: NTPCNTPC reported 1.14 per cent decline in standalone net profit to Rs 2,588.14 crore for the quarter ended June, due to higher depreciation, b...
- ONGC, NHPC, Coal India slip 2-4% as Cabinet clears divestment proposalsThe disinvestment department has already shortlisted merchant bankers for the ONGC issue, which could hit the market later this month or ea...
- Government defers decision on ONGC, CIL, NHPC stake saleAs per estimates, disinvestment in the three PSUs could yield over Rs 40,000 crore, enough to meet the target for the current fiscal.
- HSBC, IDFC, Edelweiss to manage NHPC stake saleEdelweiss Financial, IDFC Capital and HSBC Securities have been shortlisted as the merchant bankers, an official source said.
- CCEA to look at stake sale of CIL, ONGC, NHPC at 6 pmCCEA will consider selling 10% in Coal India to fetch around Rs 22,568 crore, 5% in ONGC to mop up Rs 18,233 cr and 11.36% in NHPC for Rs 2...
- Government calls for bids from banks to manage NHPC share saleIndia today invited bids from banks to manage a planned share sale inNHPC Ltd that could raise about $500 million at current market price.
- Department of Disinvestment to appoint bankers for NHPC sake saleIMG on disinvestment met last Friday and approved selling 11.36 per cent in NHPC through an Offer For Sale (OFS), an official source said.
- Cabinet defers decision on NHPC stake saleThe government today deferred a decision on 11.36 per cent stake sale plan in hydel power producer NHPC.
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