HUDCO shares tank over 9% after govt launches OFS to sell up to 7% stake
Housing & Urban Development Corporation (HUDCO) shares tanked 9% to Rs 82 in Wednesday’s trade on BSE after the government announced it would sell up to 7% stake in the company through an Offer for Sale (OFS) at a floor price of Rs 79 per share. Under the OFS, the government will offload seven crore … Read more