Stocks to watch today: RIL, Amber Enterprises, ONGC, Ather Energy, NMDC, Voltas, Patanjali Foods, EaseMyTrip, Cochin Shipyard, Jindal Stainless, Brigade Enterprises, among others, will be in focus.
At 12:41 PM on Thursday, the Nifty India Defence index was the top gainer among thematic indices up 2.6% at 9,641.
The government has mobilised ₹20,274 crore via PSU divestment in FY27, the highest so far since FY23 when it raised ₹35,294 crore.
Cochin Shipyard OFS: The government has announced to sell up to 5 per cent stake in Cochin Shipyard at a floor price of ₹1,400 per share through an offer for sale beginning Tuesday.
Stocks to watch today: Power Grid, Sterlite Technologies, ZEN Technologies, TVS Motor Company, Varun Beverages, Torrent Pharma, Cochin Shipyard, Titan, Trent, among others, will be in focus today
The government will sell up to 5 per cent stake in Cochin Shipyard at a floor price of Rs 1,400 per share through an offer for sale beginning Tuesday. The "government announces offer for sale in Cochin Shipyard Ltd (CSL) with a base offer of 2.52 per cent of its paid-up equity and an additional 2.52 per cent as the green-shoe option in case of over subscription," Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said on X. The offer for sale (OFS) opens for non-retail investors on July 7, 2026. Retail investors can bid on July 8, 2026. The floor price of Rs 1,400 per share is at a 7 per cent discount over Monday's closing price on BSE. Shares of Cochin Shipyard closed at Rs 1,504.75, down 1.25 per cent over the previous close on BSE on Monday. The government currently holds a 67.91 per cent stake in CSL. So far in the current fiscal, the government has sold stake via OFS in six public sector entities -- Central Bank of India, Coal India, NHPC,
At 12:24 PM on Wednesday, the Nifty India Defence index was the top gainer among thematic indices up 2.8 per cent as against a 0.3 per cent rise in the Nifty 50.
Cochin Shipyard reported a net profit of ₹277 crore, down 3.7 per cent from ₹287 crore in the corresponding quarter of previous fiscal
Q4FY26 company results: Firms including Power Grid Corporation, Alembic Pharmaceuticals, Solar Industries India, Deepak Nitrite, and NHPC are also to release their January-March earnings today
Cochin Shipyard is a Miniratna company under the Ministry of Ports, Shipping, and Waterways.
Among the defence stocks, Paras Defence, Bharat Dynamics, Apollo Micro Systems, BEML, Midhani, Bharat Electronics and Astra Microwave gained between 8% and 10% in Wednesday's intra-day trade.
Tata Chemicals, Tata Communications, Tata Investment Corporation, Tata Technologies, Trent and Tata Motors Passenger Vehicles from the Tata Group have hit 52-week lows.
Cochin Shipyard, GRSE, BDL, BEML, Paras Defence, Mazagon Dock Shipbuilders and Unimech Aerospace have plunged between 40% and 51% from their respective 52-week highs.
The six stocks that will join the F&O segment include Adani Power, Cochin Shipyard, Hyundai Motor India, Motilal Oswal Financial Services, Nippon Life India Asset Management, and Vishal Mega Mart
Stocks to watch today, March 10, 2026: Cochin Shipyard, Hyundai Motor India, Motilal Oswal, Vishal Mega Mart, Torrent Power, Minda Corp, and Alembic Pharma are among the top stocks to remain in focus
Mazagon Dock Shipbuilders has officially confirmed that Contract Negotiation Committee negotiations for P-75 (India) project between the company and the government have been completed.
At 01:58 PM on Thursday, the Nifty CPSE index was the the top gainer among sectoral and thematic indices, up 2.8 per cent, as compared to 0.4 per cent rise in the Nifty 50.
Antique has, however, kept the target price of Cochin Shipyard shares unchanged at ₹1,471 per share