NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens today

June 10, 2026

NLC India shares fell sharply on Wednesday even as the government’s Offer for Sale (OFS) attracted strong demand from institutional investors, with bids worth Rs 4,158 crore on day one. The Centre has exercised the oversubscription option, taking the total stake sale size to Rs 1,263 crore.

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