Nuzenio Source-attributed brief

IRFC shares tumble nearly 6% as OFS opens for non-retail investors today; Govt to sell 2% stake

The sharp decline in the stock came as non-retail investors began bidding in the share sale, with the floor price set at ₹91 per share, representing a 7.79 per cent discount to IRFC’s previous closing price.

The Hindu BusinessLine·
AI summary

The sharp decline in the stock came as non-retail investors began bidding in the share sale, with the floor price set at ₹91 per share, representing a 7.79 per cent discount to IRFC’s previous closing price.

What happened

The sharp decline in the stock came as non-retail investors began bidding in the share sale, with the floor price set at ₹91 per share, representing a 7.79 per cent discount to IRFC’s previous closing price.

Why it matters

This business report is being tracked from The Hindu BusinessLine because it may affect readers, markets, policy, culture, or daily decisions.

Key facts
  • Category: business
  • Edition: IN
  • Fetched: Wed, 24 Jun 2026 11:40:45 GMT

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