Market News
Stay updated with the latest market trends, earnings, and economic indicators.
IRFC OFS opens for retail investors today — All you need to know
The government's divestment drive continues to gain momentum as the IRFC stake sale comes after the recent OFS' in Coal India, Central Bank of India, NLC India, NHPC and General Insurance Corporation of India (GIC).
GIC shares in focus as OFS opens for non-retail investors today — Check issue size, discount
With this OFS, the Centre's divestment collections are set to cross ₹15,000 crore within a month. Prior to this, the government's disinvestment drive included Coal India, Central Bank of India, NLC India and NHPC.
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens today
NLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investors, with bids worth Rs 4,158 crore on day one. The Centre has exercised the oversubscription option, taking the total stake sale size to Rs 1,263 crore.
NLC India OFS opens for retail today after strong non-retail response - All you need to know
The government has decided to exercise the entire greenshoe option in the NLC India OFS, after the non-retail portion was oversubscribed 5.22 times, taking the total offer size to 3% of the company's equity capital from the initially planned 2%.
NLC India OFS over-subscribed 5 times, institutional buyers put in Rs 4,158 cr bids
The government's offer for sale in NLC India saw strong demand on the first day. Non-retail investors bid for shares worth Rs 4,158 crore. This indicates significant interest in the disinvestment. The offer is open for retail investors today. The government aims to raise funds through this stake sale. This is part of its broader PSU disinvestment strategy.
NLC India OFS: Government exercises greenshoe option
The total offer size has now increased to 3% of equity capital from 2%; retail investors will get 10% of the expanded issue on June 10. NLC India shares settled 2.13% lower at ₹328.60 on the NSE on June 9, before the announcement.
NLC slips 5% as govt OFS opens for non retail investors at ₹303 floor price
The Government of India, acting through the Ministry of Coal, will sell up to 3 per cent of its stake in NLC India through an OFS on BSE and NSE on June 9 and June 10, 2026
NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opens
The government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 crore. The OFS opens for non-retail investors on June 9, with a floor price of Rs 303 per share, a discount to its previous closing price.
NLC India shares in focus as government's Offer For Sale opens for non-retail investors
Among the public shareholders, mutual funds of India had a 9.49% stake in NLC India, led mainly by Nippon Life India AMC (5.65%) and Kotak Mahindra MF (2.6%). The stock is up over 30% so far in 2026.
Govt announces up to 3% divestment in NLC India; OFS floor price set at ₹303
The government is set to divest up to 3% stake through the OFS, which will open for non-retail investors on Tuesday, June 9, while retail investors and eligible employees can bid on June 10. NLC India shares closed at ₹336.40 on the NSE on June 8, down marginally by ₹0.20, or 0.06%.
Q4 Results LIVE Updates: Dr Reddy's, Dixon react to earnings; Bharti Airtel, Cipla report today
Q4 Results LIVE Updates: It's another earnings-heavy day as investors track numbers coming in from two Nifty 50 constituents Bharti Airtel and Cipla. Bharti Hexacom, TVS Motor, Tata Motors Commercial Vehicles, DLF, Crompton Consumer, DCM Shriram, HPCL, GSK Pharma, Man Infra, Oil India, NLC India, PFC, Sagar Cement, Tube Investments, are among the other important companies to track today. Watch this space for all the live earnings updates.
NLC India slips over 4% as Centre announces 3% stake sale via OFS
The OFS opens for non-retail investors on June 9, while retail investors can place bids on June 10.