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Business Market Hindustan Copper Crashes Over 5% On Stake Sale Plans Advertisement

Hindustan Copper Crashes Over 5% On Stake

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Sale Plans
The government will sell 5 per cent stake in Hindustan Copper through an offer for sale, the company
said in a regulatory ling to the stock exchanges late Wednesday evening
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Market Edited by Peter Noronha Updated: September 16, 2021 1:56 pm IST

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At 1:50 pm, Hindustan Copper shares were trading lower by 5.6 per cent on the BSE Vishwakarma Puja
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Hindustan Copper shares crashed more than 5 per cent on the BSE on Thursday
2 Boys Find Over ₹ afternoon a day after the government announced plans to sell stake in the public
900 Crore Credited
Into Their Bank sector undertaking. The government will sell 5 per cent stake in Hindustan
Accounts In Bihar
Copper through an offer for sale (OFS), the company said in a regulatory ling to
the stock exchanges late Wednesday evening.

Day 2 Of Raids On
Actor Sonu Sood, Shiv The OFS will take place on Thursday and Friday through a separate, designated
Sena Slams "Talibani"
window of BSE and NSE, Hindustan Copper said. The government will sell
Mindset
48,351,201 equity shares, representing 5 per cent of the total issued and paid up
equity share capital of Hindustan Copper, at a oor price of ₹ 116 per share.
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Katrina Kaif's Travel
Hindustan Copper was incorporated in November 1967. It is involved in the entire
Style
10 Slides copper manufacturing cycle, from mining and smelting to re ning and casting of
re ned copper into downstream saleable products.

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At 1:50 pm, the shares of Hindustan Copper were trading at ₹ 117.45, lower by 5.6
per cent on the BSE as against a 0 4 per cent decline in the benchmark indices
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 per cent, on the BSE as against a 0.4 per cent decline in the benchmark indices.

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