MUMBAI - A share sale to raise about $3 billion in state-run miner NMDC has been priced at 300-350 rupees each, two sources with direct knowledge of the deal said on Monday.
Shares in NMDC, the country's top iron ore exporter, closed down 3.35 percent at 400.60 rupees on Monday, while the Mumbai market rose 0.6 percent.
The government will sell an 8.38 percent stake in NMDC. The sale opens on March 10 and closes on March 12.
