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NLCINDIA NLC India News Story

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NLC India falls after India government to sell stake at discount

BUZZ-NLC India falls after India government to sell stake at discount

** Shares of NLC India NLCI.NS fall 3.3% to 324.80 rupees

** Indian government to sell up to 3% stake in NLC India via offer for sale

** Floor price for offer for sale set at 303 rupees per share, 9.8% discount to NLC's closing price on Monday

** YTD, NLCI up ~30%


(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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