Cochin Shipyard's OFS received bids worth 3.52 times the shares on offer on Day 1, prompting the government to exercise the entire green shoe option
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,
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.
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
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.
Antique has, however, kept the target price of Cochin Shipyard shares unchanged at ₹1,471 per share
The Cochin Shipyard Limited (CSL) has signed a major contract with French shipping major CMA CGM for the construction of LNG dual-fuel vessels, in a move expected to boost India's global shipbuilding footprint and align with the green maritime transition, officials said on Thursday. In a statement, CSL said it signed a landmark Shipbuilding Contract (SBC) with CMA CGM at New Delhi on Wednesday for the construction of six 1,700 TEU LNG dual-fuel feeder container vessels. The contract was signed by CSL Chairman and Managing Director Jose V J and Rodolphe Saade, Chairman and CEO of CMA CGM. The ceremony was attended by Shantanu Thakur, Minister of State for Ports, Shipping and Waterways, and Vijay Kumar, Secretary, Ministry of Ports, Shipping and Waterways, along with senior officials from the Ministry, representatives of both organisations, and members of the maritime industry, the statement said. "The collaboration reflects strong global confidence in CSL's technical excellence, ...
Stocks to Watch today, February 19, 2025: Dr Reddy's Labs, Hindustan Unilever, NCC, DLF, and Jindal Saw are some of the key stocks to watch today
Cochin Shipyard was declared the lowest bidder (L1) in a tender floated by the Ministry of Defence for the construction of five Next Generation Survey Vessels
Stocks to watch on February 17, 2026: Stocks like Cochin Shipyard, JSW Infrastructure, Lupin, TVS Supply Chain, and Seamec will remain in focus today
Dividend stocks today, Feb 2: Here is the complete list of stocks that will remain in focus during today's trading session following their decision to reward their shareholders with dividend payouts
Market experts attributed the weakness to a combination of valuation concerns, liquidity pressures and profit booking.
Dividend stocks today: Ashok Leyland and Cochin Shipyard are among the 10 stocks expected to remain in focus today. Here is the full list along with key details
Cochin Shipyard shares fell 8 per cent intraday as Q2 profit and operating margin fell. The company also declared an interim dividend of ₹4 per equity share