Hindustan Zinc shares fall 20% in a week, OFS opens for retail investors

Hindustan Zinc Share Price: Hindustan Zinc’s shares fell by around 5%, marking a 20% drop over the past week, as its offer for sale (OFS) opened for retail investors. Non-retail investors had oversubscribed the offered shares. Vedanta is planning to demerge its operations to manage refinancing risks and lessen its dependence on dividends from Vedanta Resources Ltd.