NHPC shares rise 5% as government's Rs 4,300 crore offer for sale opens for retail investors

NHPC shares jumped over 5% as the government's offer for sale opened for retail investors. The sale was heavily oversubscribed on its first day. The government is selling up to 6% stake in NHPC, with retail investors and employees able to bid on June 3, 2026. The offer aims to raise over Rs 4,300 crore. The offer for sale follows a recent stake sale in Coal India. NHPC shares have seen a mixed performance recently, with a long-term gain over three and five years.