New Delhi, February 11 The government's sale of shares in BHEL was oversubscribed by two times on Wednesday, with institutional investors placing bids worth over ₹5,650 crore.Institutional investors placed bids for over 22.07 crore shares at an indicative price of ₹256.07 per share, compared...
New Delhi, February 11 Shares of Bharat Heavy Electricals Ltd (BHEL) plunged 6 per cent on Wednesday after the government announced plans to sell up to a 5 per cent stake in the state-owned company via a sale offer.The stock fell 6.10 per cent to Rs 259.25 per share on the NSE.On the BSE...
New Delhi, February 11 Shares of Bharat Heavy Electricals Ltd (BHEL) fell by over 6 per cent on Wednesday, as the government's Offer For Sale (OFS) opened for subscription.The issue was subscribed to 5.11 per cent by 11:50 am.Institutional investors placed bids for over 48.08 lakh shares...
New Delhi, February 10 The government will sell up to 5 per cent stake in Bharat Heavy Electricals Ltd (BHEL) through a share sale offer (OS) starting on Wednesday at a floor price of Rs 254 per share."The government is offering to divest 3 per cent equity in BHEL, with an additional 2 per...