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IRFC OFS Opens at Rs 91 Floor Price

The Indian government has launched an OFS in IRFC for non-retail investors on June 29, 2026, with a floor price of Rs 91 per share and up to a 2% stake on offer including the greenshoe option. The sale adds fresh share supply to the market, which could pressure the stock in the near term.

IRFC OFS Opens for Retail at Rs 91 Floor

The Indian government's Rs 2,212 crore IRFC offer for sale opens for retail investors today at a floor price of Rs 91 per share. The institutional tranche was oversubscribed, and a greenshoe option could push total proceeds higher.

IRFC Shares Drop 6% as Govt OFS Opens at Discount

IRFC shares dropped nearly 6% on June 24, 2026, as the government opened an Offer for Sale for non-retail investors at a floor price of Rs 91 per share, a 7.79% discount to the previous close. The discount shifts institutional demand away from the open market, depressing the traded price during the OFS window.

NHPC Falls 6% on Government 6% Stake OFS

NHPC shares fell nearly 6% after the Indian government announced an offer for sale of a 6% stake at a floor price of ₹71 per share. The large supply hitting the market at a set floor price typically drives short-term selling pressure on the stock.

NHPC Shares Fall 5% as Govt Launches Rs 4,300 Crore OFS

NHPC shares dropped nearly 5 percent after the government launched an OFS to sell up to a 6 percent stake at a floor price of Rs 71 per share, an 8 percent discount to the market price. The offer, worth up to Rs 4,300 crore, opened for non-retail investors on Tuesday.

RailTel Jumps 13% on ₹564 Crore Tunnel Orders

RailTel shares jumped 13.15% to ₹321.77 on the NSE after the company won tunnel communication orders totaling ₹564 crore. The order win signals near-term revenue backlog expansion in a high-barrier infrastructure segment. Execution timelines and margin profile on these contracts will determine whether the re-rating hol

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RailTel shares surge 13% on tunnel communication orders worth ₹564 crore

RailTel shares jumped 13.15% to ₹321.77 on the NSE after the company won tunnel communication orders totaling ₹564 crore. The order win signals near-term revenue backlog expansion in a high-barrier infrastructure segment. Execution timelines and margin profile on these contracts will determine whether the re-rating hol

2mo ago · 1 min · Markets

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