Lohia Corp plans an offer for sale to raise funds. The company’s revenue grew significantly while its net profit surged. Its order book expanded substantially after strong financial performance. The business is cyclical, depending on agriculture and construction sectors. Investors with higher risk appetite may consider this long-term opportunity.
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%.