Indian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% stake. The OFS, priced at a slight discount, saw strong institutional investor interest, leading to the exercise of the greenshoe option. Retail investors and employees can now participate in the sale, which aims to raise over Rs 2,212 crore.
VA Tech Wabag shares jump 3% after securing repeat order from RIL for ETP project
VA Tech Wabag shares rose nearly 3% after securing a medium-sized repeat order from Reliance Industries to design and commission an advanced Effluent Treatment Plant