Hindustan Copper shares fall as govt sells stake at 10% discount

Shares of Hindustan Copper fell nearly 7% on Tuesday after the government launched an offer-for-sale to sell up to 6% stake in the state-run company. The floor price was set at ₹514 per share, a 10% discount from the previous close of ₹573.55. The government will initially offer 3% equity, with an additional 3% green shoe option available.