For those who are playing a momentum game surely it makes sense to participate because when the stock reaches a certain high level, low floating stock, that is a classic case for momentum players, surely they should participate.
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.