Question

The government is going to sell up to three per cent stake in Coal India Ltd through the offer for sale route.   The sale of 3 per cent stake in Coal India would be worth around _________.

A Rs.4400 crore Correct Answer Incorrect Answer
B Rs.4700 crore Correct Answer Incorrect Answer
C Rs.4900 crore Correct Answer Incorrect Answer
D Rs.5100 crore Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

  The government is going to sell up to three per cent stake in Coal India Ltd through the offer for sale route.    At the closing price of Rs 241.20 a piece, the sale of 3 per cent stake in Coal India would be worth around Rs 4,400 crore.

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