{"id":368950,"date":"2020-08-21T08:41:53","date_gmt":"2020-08-21T03:11:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=368950"},"modified":"2020-08-21T09:26:35","modified_gmt":"2020-08-21T03:56:35","slug":"hal-irctc-decline-up-to-4-on-report-govt-mulls-stake-sale-via-ofs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hal-irctc-decline-up-to-4-on-report-govt-mulls-stake-sale-via-ofs\/","title":{"rendered":"HAL, IRCTC decline up to 4% on report govt mulls stake sale via OFS"},"content":{"rendered":"<p>Shares of state-owned IRCTC (Indian Railway Catering and Tourism Corporation) and Hindustan Aeronautics (HAL) skid up to 4 per cent on the BSE on Thursday on report that the government is mulling selling stake in both these firms via offer for sale (OFS) to meet its divestment target. <\/p>\n<p>Individually, HAL shares slipped 3.7 per cent to quote at Rs 1,215 per share on the BSE in the intra-day trade. At 9:47 am, the stock was 2.5 per cent lower at Rs 1,230 apiece, as against 0.76 per cent decline in the benchmark S&amp;P BSE Sensex. <\/p>\n<p>According to media reports, the government is likely to sell around 5 per cent of its stake in the aerospace and defence company within this month. At the end of June 2020 quarter, the government held 89.97 per cent in the company, shareholding pattern shows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of state-owned IRCTC (Indian Railway Catering and Tourism Corporation) and Hindustan Aeronautics (HAL) skid up to 4 per cent on the BSE on Thursday on report that the government is mulling selling stake in both these firms via offer for sale (OFS) to meet its divestment target. Individually, HAL shares slipped 3.7 per cent to quote at Rs 1,215 per share on the BSE in the intra-day trade. At 9:47 am, the stock was 2.5 per cent lower at Rs 1,230 apiece, as against 0.76 per cent decline in the benchmark S&amp;P BSE Sensex. According to media reports, the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-368950","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=368950"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/368950\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=368950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=368950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=368950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}