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Govt fixes Rs 189/share as floor price to sell EIL's 10% stake

In a regulatory filing, EIL said: "The Floor Price for the Sale in terms of SEBI OFS Circular shall be Rs 189 per equity share." At this price, the government will get Rs 637 crore if the issue if fully sold.
Profit-taking, PSU divestment sucking mkt liquidity: Vijay

In an interview to CNBC-TV18 portfolio manager PN Vijay shared reading and outlook on the market.

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Psu Disinvestments

Govt fixes Rs 189/share as floor price to sell EIL's 10% stake

Profit-taking, PSU divestment sucking mkt liquidity: Vijay