NHPC shares tumble 5% as govt’s OFS worth up to Rs 4,300 crore opens at 8% discount. Check details

NHPC shares saw a significant drop of nearly 5 percent. This decline followed the government’s launch of an offer for sale. The government plans to divest up to a 6 percent stake in the public sector undertaking. The offer opened for non-retail investors on Tuesday. The floor price was set at Rs 71 per share.