The Empowered Group of Ministers (EGoM) will meet today to discuss follow-on public offer (FPO) of Hindustan Copper, reports CNBC-TV18.
The FPO consists of 10% fresh issue of shares and 10% divestment proposed by government. Price band of the FPO is likely to be at Rs 100-110 per share. At 15:28 hours IST, the share was trading at Rs 304, down Rs 16.15, or 5.04%, with volumes of 932,217 shares.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
