India's Hindustan Copper shares slump ahead of govt stake sale

MUMBAI Fri Nov 23, 2012 9:22am IST

Related Topics

Stocks

   

MUMBAI Nov 23 (Reuters) - Shares in state-run Hindustan Copper Ltd fell as much as 18.6 percent on Friday after the government set the base price for its 4 percents stake sale due later in the day at well below current prices.

The Indian government fixed the base price for its sale of Hindustan Copper shares at 155 rupees per share. Hindustan Copper shares were down 13.7 percent at 229.70 rupees as of 0351 GMT. (Reporting by Manoj Dharra; Editing by Rafael Nam)

FILED UNDER:
  • Most Popular
  • Most Shared

Pending Reform

REUTERS SHOWCASE

Power Theft

Power Theft

India to invest $4 billion to tackle power theft  Full Article 

Debt Funds

Debt Funds

India monitors foreign flows into debt funds, may tighten rules  Full Article 

Bulgari Back in India

Bulgari Back in India

CEO: we shouldn’t have left India so we’re back  Full Article 

 Hindu "Modi-fication"

Hindu "Modi-fication"

Fears grow about Hindu "Modi-fication" of education  Full Article 

Weak Credit

Weak Credit

Hard to hit tax revenue target, credit weak - Jaitley  Full Article 

China Rate Cut

China Rate Cut

China surprises with interest rate cut to spur growth  Full Article 

Gold Imports

Gold Imports

RBI cautious on response to gold import surge  Full Article 

Economic Corridor

Economic Corridor

China commits $45.6 billion for economic corridor with Pakistan  Full Article 

Overseas Funds

Overseas Funds

RBI says overseas borrowed funds can be parked with banks in India  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage