New Delhi, June 2 -- State-owned company NHPC declined almost 6% on Tuesday, June 2 after it announced that the Indian Government will sell up to 6% stake in the company through offer for sale route

The move is part of the government's ongoing disinvestment programme and offers investors an opportunity to acquire shares in one of India's largest hydropower companies at a floor price of Rs.71 per share.

NHPC stock lost as much as 5.6% to its day's low of Rs.72.86. It has been under pressure recently, down 12% in 1 month, 5% in 6 months and 16% in 1 year. However, it has given multibagger returns in the long term, rising 183% in 5 years.

According to the notice issued by the Ministry of Power on June 1, 2026, the President of India, acti...