Coal India shares continue to decline
As of June 1, the offer-for-sale (OFS) for Coal India shares is accessible exclusively to non-retail investors. During this period, non-retail investors can indicate their desire to retain their unallotted bids for allocation on the following trading day (T+1) if the retail category remains undersubscribed. On June 2, the OFS will be open to both retail and non-retail investors.
In Thursday's trading session, Coal India shares experienced a significant decline, marking the third consecutive session of losses. This drop occurred as the state-owned coal producer initiated a two-day offer-for-sale (OFS). The stock plummeted by 5.03%, reaching a daily low of Rs 229.65, compared to its previous closing price of Rs 241.20.
As part of the government's plan to divest its stake in public sect...










