LIC raises stakes in NHPC, buys 0.76% stake through market purchase on THIS date – What we know so far – Markets

This development comes on the same day the Government of India opened its Offer for Sale (OFS) to divest up to 6 per cent stake in NHPC at a floor price of Rs 71 per share. The move by LIC signals strong institutional confidence in the power utility even as the government proceeds with its disinvestment programme.