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
- Iran hangs woman convicted of killing alleged rapist
- Google's Pichai to oversee major products and services
- UPDATE 1-UK's Labour suffers setback as leader in Scotland quits
- Modi takes tea, but no questions, in first press event as PM
- UPDATE 2-Motor racing-Caterham and Marussia to miss next races - Ecclestone
The latest Reuters poll of 20 economists taken over the past week shows Asia's third-largest economy will likely grow 5.5 percent this fiscal year and 6.4 percent the next, slightly better than 5.3 percent and 6.3 percent expected in the July poll. Full Article
Euro zone risks "relapse into recession" without structural reforms - Draghi. Full Article
Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw” Full Article