Mumbai/IBNS, Feb. 11 -- The central government will sell a 5% stake in Bharat Heavy Electricals Ltd. (BHEL) through an Offer for Sale (OFS) starting Wednesday, according to media reports.

Initially, a 3% stake will be offered, with an additional 2% sale if the issue is oversubscribed.

The OFS price is set at Rs. 254 per share.

The divestment is expected to boost liquidity in the stock.

Published by HT Digital Content Services with permission from India Blooms....