HINDUSTAN COPPER OFS: ANALYSTS CAUTIOUS
🏛️ Government OFS includes 3% base offer + 3% greenshoe, potentially taking stake sale to 6%.
📊 Institutional demand was strong on Day 1, with bids exceeding shares on offer.
💰 OFS offered at nearly 10% discount.
⚠️ Analysts remain cautious on retail participation due to elevated valuations after the recent rally in metal stocks.
📌 Analysts see limited near-term upside and suggest waiting for better entry opportunities.
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