BHEL Shares Drop 6% as ₹4,422 Crore OFS Opens for Subscription
Bharat Heavy Electricals Limited (BHEL) shares fell sharply by over 6% in early trade after the Indian government launched a ₹4,422 crore Offer for Sale (OFS) to divest up to a 5% stake in the state-owned engineering major. The OFS, priced at ₹254 per share, reflects a nearly 8% discount to the previous session’s closing…