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Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discount

  • Posted on June 22, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discount
Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discount

Cochin Shipyard shares dipped Monday following reports of a potential government Offer for Sale (OFS) at a discount. The government, aiming to raise funds, is reportedly planning to sell a stake soon, adding to recent disinvestment activities in other public sector undertakings. Despite a recent stock decline, the company has shown strong long-term returns and improved operational efficiency in its latest earnings report.
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Business News Today

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