Announced Fri, 10 Jul · 14:10 IST
Govt promoter sells 1.2 cr Cochin Shipyard shares for Rs 1,113 Cr
COCHINSHIP · price
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Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹1410.00
prior close
₹1417.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.1+0.1+0.1+0.1-1.3+0.1-0.3-0.5-0.4————
Up moveDown movePending
AI summary
The Government of India, through the Ministry of Ports, Shipping and Waterways, sold about 1.2 crore shares (roughly 4.58 percent) of Cochin Shipyard for Rs 1,113.28 Crores via an Offer for Sale on July 7 and 8, 2026. Promoter stake dropped from 67.91 percent to 63.33 percent.
Likely market impact
Government trimming stake can create short-term supply pressure but widens public float; promoter still holds 63.33 percent.