Shares of Indian Oil Corporation (IOC) traded flat after the government cut its stake in the company by 2.69 percent.
The stock gained as much as 0.9 percent before shedding 0.6 percent.
The government’s stake in IOC now stands at 54.06 percent, according to a disclosure by the company. The government also recently cut its stake in Oil India by 2.94 percent, bring its stake down to 63.2 percent. Read More
Latest posts by Moneycontrol.com (see all)
- Sterlite Power doubles transmission capacity in Lucknow - June 24, 2019
- Inox Wind commissions common power evacuation facilities in Gujarat - June 24, 2019
- Tata Power eyeing InvIT route for monetising renewable energy assets - June 22, 2019