Epic Research

Friday, March 15, 2013

Epic Update : NALCO

NALCO  offer for sale (OFS)
Floor price set at Rs 40/share; current market price (CMP) Rs 44.25/share
Floor price at discount of 9.6 percent to yesterday closing
Alert: Govt to divest a total of 10 percent in NALCO
Alert: Govt to divest 5 percent via OFS, with option to sell 5 percent more
Alert: Govt currently holds 87.15 percent stake in NALCO

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