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BUZZ-India's Bharat Electronics falls; govt to sell 5 pct stake
February 22, 2017 / 4:07 AM / 9 months ago

BUZZ-India's Bharat Electronics falls; govt to sell 5 pct stake

** Shares of Bharat Electronics Ltd fall as much as 3.2 pct to 1,510 rupees

** India govt to sell 5 pct stake in co starting on Wednesday bit.ly/2mk0PDz

** Sets floor price at 1,498 rupees per share, a discount of about 4 pct to Bharat Electronics’ closing price on Tuesday

** Up to Tuesday’s close, stock had gained about 13.5 pct this year

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