New Delhi, February 12 The government's 5 per cent stake sale in BHEL closed with 1.34 times over-subscription after receiving enthusiastic response from retail and institutional investors."The second day of the offer for sale (OFS) of Bharat Heavy Electricals Limited closed with enthusiastic...
New Delhi, February 11 The government's sale of shares in BHEL was oversubscribed by more than twice the amount on Wednesday, with institutional investors placing bids worth over ₹5,650 crore on the first day of the sale.The government has decided to exercise the green shoe option in the Offer...
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 Bonfiglioli Transmissions, the Indian subsidiary of the Italy-based Bonfiglioli Group, has filed preliminary papers with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO). Sources familiar with the matter estimate the issue size...