Hindustan Zinc OFS In Two Weeks; Govt Eyes Rs 5,000 Crore From Stake Sale

•The government plans to launch an OFS in Hindustan Zinc within two weeks, selling 1.5-2% stake.

•The stake sale could fetch Rs 4,000-5,000 crore, depending on the final offer size and price.

•Hindustan Zinc shares rose 2.2% to Rs 608 per share on Monday, up 7.14% in one week and 14.3% in one month.

•The government has received Rs 52,716 crore through disinvestment receipts, 66% of its Rs 80,000-crore target.