Indian Government Sells Up to 6% Stake in Hindustan Copper at ₹514 Floor Price
The Indian government is launching an Offer for Sale (OFS) in Hindustan Copper to sell up to a 6% stake at a floor price of ₹514 per share.
This marks its return to the divestment route after a five-year gap, with the transaction opening on August 25, 2026, for non-retail investors and on August 26, 2026, for retail participants.
Hindustan Copper reported a stellar Q1 FY27 performance, with its net profit surging 163% year-on-year to ₹352.61 crore.