Government to sell BHEL stake via OFS for retail investors
pre-market1 source ↓written by the desknot a recommendation
- sell
- 5% stake
The government has initiated an OFS for BHEL, offering shares at a floor price of ₹254. It aims to sell up to 5% stake, raising funds while maintaining company stability. The strong demand in the power sector and improving margins could bolster long-term growth, despite potential short-term volatility.
Not investment advice. For informational purposes only.