Shares of Hindustan Zinc took a beating and plummeted over 8 percent on November 6 as the government announced offloading a 2 ...

Hindustan Zinc OFS: Shares of Hindustan Zinc Ltd., a subsidiary of Vedanta, dropped as much as 8% on Wednesday, November 6, ...

The government will sell up to 2.5 per cent stake in Hindustan Zinc at a floor price of ₹505 per share through an offer-for-sale (OFS). The stake sale would fetch over ₹5,000 crore at the floor price.

The deal's tenure includes 3 years for construction and 10 years for maintenance contracts at 5.5 per cent per annum of capex for the first 5 years and 6.5 per cent per annum for the next 5 years ...