Hindustan Copper shares slump on govt stake sale plan
MUMBAI (Reuters) - Shares of Hindustan Copper (HCPR.NS) fell as much as 6.4 percent after the government said it would sell a 4 percent stake in India's third-largest copper producer on Friday.
Hindustan Copper shares were down 1.4 percent at 235.90 rupees as of 09:22 a.m. in volatile trading.
(Reporting by Rafael Nam; Editing by Subhranshu Sahu)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Islamic State militants said they had beheaded a second Japanese hostage, journalist Kenji Goto, prompting Prime Minister Shinzo Abe to vow to step up humanitarian aid to the group's opponents in the Middle East and help bring his killers to justice. Full Article | Video