Govt begins 5% stake sale in Cochin Shipyard
Govt begins 5% stake sale in Cochin Shipyard as OFS opens, triggering a 4% fall in share price. The government is selling 1.05 crore shares via the Offer for Sale route at ₹1,450 per share. The move aims to partially monetize its holding in the PSU shipbuilder.
📊 STOCKS: COCHINSHIP | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #OFS
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