Coal India slips 5% as government begins partial stake sale via OFS
Shares of Coal India (CIL) slipped 5 per cent to Rs on the BSE in Thursday's intraday trade as the government began offloading its 3 per cent stake, using the offer for sale (OFS) mechanism, starting today. The floor price for the stake sale has been set at Rs 225 a share, which represents a discount of around 7 per cent from the ...