Govt launches Coal India OFS at discount, stock falls 6%

27 May 2026via HDFC SkySource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

Govt launches Coal India OFS at discount, stock falls 6% — The government launched an Offer for Sale (OFS) of 5% stake in Coal India at a 10% discount to current market price, raising over ₹12,000 crore. The move triggered a sharp sell-off, with shares dropping 6% to ₹240. Investor sentiment weighed on by increased supply and discounted pricing.
📊 STOCKS: COALINDIA | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #OFS

#OFS#disinvestment#government

Stocks mentioned

COALINDIACOAL INDIA LIMITED

⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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