Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discount (opens original article in a new tab)

Cochin Shipyard shares dropped 3% amid speculation about a government offer for sale at a 6-8% discount, following recent PSU disinvestment activities.

• Cochin Shipyard shares fell 3% after reports of a potential 6-8% discount OFS by the government
• Government has raised over Rs 16,000 crore via OFS in PSU companies this year
• Cochin Shipyard's central government stake was 68% as of March 31, 2026