NALCO shares tumble 7 percent on OFS day - Indian IPO Blog

    • Wednesday, April 19, 2017

    Home NALCO OFS NALCO shares tumble 7 percent on OFS day

    NALCO shares tumble 7 percent on OFS day

    The equity shares of National Aluminium Company (NALCO) crashed around 7% on the day of Offer for Sale (OFS) as the price has moved more closer to the floor price of the OFS

    NALCO OFS is open for subscription for Non retail category on Apr 19 and for Retail investors on Apr 20

    The decline in prices have further reduced the sheen of the OFS whose floor price is fixed at Rs.67 per share

    NALCO is a leading manufacturer and distributor of aluminium products in India
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