 "So far in the month of August, the stock of HAL has rallied 44.66 per cent till Wednesday")
Shares of state-owned IRCTC (Indian Railway Catering and Tourism Corporation) and Hindustan Aeronautics (HAL) skid up to 4 per cent on the BSE on Thursday on report that the government is mulling selling stake in both these firms via offer for sale (OFS) to meet its divestment target.
Individually, HAL shares slipped 3.7 per cent to quote at Rs 1,215 per share on the BSE in the intra-day trade. At 9:47 am, the stock was 2.5 per cent lower at Rs 1,230 apiece, as against 0.76 per cent decline in the benchmark S&P BSE Sensex.
According to media reports, the
