Govt to sell up to 5% stake in BHEL, may raise ₹4,500 cr: Report

Government may sell up to a 5% stake in Bharat Heavy Electricals Limited (BHEL) through Offer-for-Sale (OFS) route with floor price expected to be in the range of ₹255-₹260 per share, CNBC-TV18 reported. The stake sale may make the government earn around ₹4,500 crore. The Department of Investment and Public Asset Management is collecting feedback from bankers regarding the sale.