IRCTC logs steepest decline in three months as govt's OFS kicks offs
The government is selling up to 5 percent stake in the company through an offer for sale (OFS) at floor price of Rs 680 per share, expecting to garner Rs 2,720 crore for the exchequer.
Due to this news, stock fall 5% around,
this stock will fall till 670, add share at 670 and wait for target 720
time - 6-to-8-week time
thanks
The government is selling up to 5 percent stake in the company through an offer for sale (OFS) at floor price of Rs 680 per share, expecting to garner Rs 2,720 crore for the exchequer.
Due to this news, stock fall 5% around,
this stock will fall till 670, add share at 670 and wait for target 720
time - 6-to-8-week time
thanks
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