REC jumps after strong response to share sale
Shares in Rural Electrification Corp gained as much as 4.9 percent on Thursday after the government sold a 5 percent stake in the company and investors bid for more than five times the number of shares on offer.
Apr 09, 2015, 09:59 AM IST
REC share sale subscribed over 5 times, govt gets Rs 1,550 cr
The stake sale in Rural Electrification Corpn (REC) is the first in the government's disinvestment pipeline for the current fiscal.
Apr 08, 2015, 17:17 PM IST
REC shares down nearly 5% ahead of share sale
Shares of Rural Electrification Corporation Ltd Tuesday ended nearly 5 percent lower after the government announced to sell 5 percent of its stake tomorrow in the company to mop up close to Rs 1,600 crore.
Apr 07, 2015, 17:00 PM IST
