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Hindustan Zinc share price falls 8% as govt to sell 2.5% stake via OFS

Business Standard LogoBusiness Standard4h ago

Hindustan Zinc share price falls 8% as govt to sell 2.5% stake via OFS - Business Standard

Quick Summary:

The floor price for the offer for sale is fixed at Rs 505 per share.

Hindustan Zinc Limited (HZL) is one of the prominent producers of zinc and lead in India.

Non-retail investors who choose to carry forward their unallocated bids can participate on Thursday.The Centre holds a 29.5 per cent stake in the company at present.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 10:29:38 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23441800

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 288 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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