ONGC auction sale: Floor price set at Rs 290 per share

The government has decided to set the floor price of ONGC’s auction sale at Rs 290 per share. The govt is likely to raise Rs 12405 crore at the floor price by offering 42.77 crore shares. The floor price is 2.3% premium to the current market price.

February 28, 2012 / 22:38 IST

The government has decided to set the floor price of ONGC

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