Rail Vikas Nigam OFS offers ‘great’ value

The government is selling a 10 per cent stake in the company with a green shoe option of 5 per cent at a floor price of Rs 27.50 per share. The non-retail portion of the OFS was fully subscribed on Wednesday. Shares of RVNL have declined 8.88 per cent to Rs 27.70.

from Stocks-Markets-Economic Times https://ift.tt/3fg5lBw

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