India’s government expanded its Hindustan Copper offer for sale to as much as 6% after institutional investors bid for 3.41 times the shares available on the first day. The base offer covered 3%, or 29 million shares, at a floor price of Rs 514, with the full transaction potentially raising about Rs 2,982 crore. The sale forms part of India’s broader disinvestment drive, which has generated Rs 52,716.02 crore in 2026-27 and is targeting Rs 80,000 crore. Arunish Chawla, secretary of the Department of Investment and Public Asset Management, said more market offerings could follow, without naming the next company. Hindustan Copper reported a 162.47% year-on-year increase in first-quarter FY27 adjusted consolidated net profit to Rs 352.37 crore, while net sales rose 81.36% to Rs 936.5 crore.