The NDA Government will sell 5 % stake in state-run NTPC on Tuesday Feb 23,2016 to raise around Rs. 5,000 crore.
The floor price of the share sale has been fixed at Rs. 122 per share.
NTPC shares closed 2.05 per cent lower at Rs. 126.85 on the Bombay Stock Exchange on Monday Feb 22,2016
So far, the NDA Government has been able to garner about Rs. 13,340 crore by selling stakes in Rural Electrification Corp. (Rs.1,600 crore), Power Finance Corp. (Rs.1,670 crore), Dredging Corp. of India (Rs.53 crore), Indian Oil Corp. (Rs.9,370 crore), and Engineers India (Rs. 640 crore)
The floor price of the share sale has been fixed at Rs. 122 per share.
NTPC shares closed 2.05 per cent lower at Rs. 126.85 on the Bombay Stock Exchange on Monday Feb 22,2016
So far, the NDA Government has been able to garner about Rs. 13,340 crore by selling stakes in Rural Electrification Corp. (Rs.1,600 crore), Power Finance Corp. (Rs.1,670 crore), Dredging Corp. of India (Rs.53 crore), Indian Oil Corp. (Rs.9,370 crore), and Engineers India (Rs. 640 crore)
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