RVNL shares fall 7% as two-day OFS kicks off
Shares of Rail Vikas Nigam (RVNL) fell nearly 7% to Rs 125.5 in Thursday’s trade on BSE as the two-day offer for sale (OFS) kicks off.
The government is looking to sell 5.36% stake in the railways PSU and has set a floor price of Rs 119, which was at a 12% discount from the Wednesday’s price.
