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Cochin Shipyard OFS opens today for retail investors. Should you participate in this defence stock offer? - livemint.com
Cochin Shipyard OFS opens today for retail investors. Should you participate in this defence stock offer?livemint.com
Cochin Shipyard shares dip 2% as govt’s OFS opens for retail investors today
Cochin Shipyard shares fell over 2% as the Centre's OFS opens for retail investors after the non-retail portion was subscribed 3.52 times. The government plans to sell up to a 5.04% stake, potentially raising around Rs 1,800 crore. The stock has delivered multibagger long-term returns despite recent weakness, with shares down over 29% in the past year.
Cochin Shipyard OFS opens for retail investors today — Here's how you can subscribe
Cochin Shipyard's Offer For Sale, which was open for Non-retail investors on Tuesday, was oversubscribed 3.52 times, leading to the government announcing that it will be exercising the entire greenshoe option to sell another 2.5% stake in the shipbuilder.
Cochin Shipyard OFS gets 3.5x bids; govt exercises greenshoe
Cochin Shipyard's Offer for Sale saw strong demand from non-retail investors. The issue was subscribed 3.52 times on the first day of bidding. This robust interest prompted the government to utilize the entire greenshoe option. The Offer for Sale will now open for retail investors and employees. The floor price for this share offering was set at ₹1,400.
Cochin Shipyard OFS subscribed 3.52 times on Day 1; retail investors get to bid tomorrow
The government's Cochin Shipyard offer for sale drew robust institutional demand, with the non-retail portion subscribed 3.52 times, prompting the full green-shoe option. Retail bidding opens next, while the sale advances the government's disinvestment and public float expansion objectives.
Cochin Shipyard share price falls 4% as OFS opens today for non-retail investors. Details here - livemint.com
Cochin Shipyard share price falls 4% as OFS opens today for non-retail investors. Details herelivemint.com
Cochin Shipyard shares fall 4% as OFS worth Rs 1,856 crore opens today at 7% discount
Cochin Shipyard shares dropped as the government plans a significant stake sale. The offer for sale includes a base offer and an oversubscription option. This disinvestment move is part of the government's FY27 program. The offer opens for non-retail investors today and retail investors tomorrow. The government aims to raise over Rs 1,856 crore from this share sale.
Govt to sell up to 5.04% stake in Cochin Shipyard through OFS. Check details
The government plans to sell up to 5.04% of Cochin Shipyard shares. This offer for sale begins July 7 for institutional investors. Retail investors can bid on July 8, with a floor price set. A green-shoe option allows for a larger stake sale if demand is strong. This move supports the government's disinvestment program for the fiscal year.
Retail investors bet on these 10 small-cap stocks; they rally up to 185% in 3 months
Retail investors raised stakes in 195 Nifty Smallcap 500 stocks during the March 2026 quarter, with over 100 delivering 25-185% returns since April. Four stocks turned multibaggers, while Cemindia Projects, Apollo Micro Systems and Lloyds Engineering led the rally.
Tata Motors PV shares in focus as Iran-US conflict impacts JLR volumes in Q1. What's ahead?
Tata Motors' luxury arm, Jaguar Land Rover, saw a significant 15.3% drop in retail sales for Q1 FY27. Disruptions from the Middle East conflict, a supplier fire, and phasing out older Jaguar models impacted volumes. Despite these challenges, the strong performance of Range Rover models offers a glimmer of hope for JLR's turnaround.
The surprising reason India's most expensive stocks often keep rising
Indian stocks defy logic, with expensive companies consistently outperforming. This trend, observed over 15 years, sees sectors like defence and retail surge despite high valuations, driven by structural shifts and strong earnings. Jefferies highlights the power sector as the next potential beneficiary, citing strong demand and private sector capex. Investors should remain aware of potential reversals if growth falters.
Escorts Kubota tractor sales up 19.1% at 13,695 units in June
Escorts Kubota reported a 19.1% surge in total tractor sales for June 2026, reaching 13,695 units compared to the previous year. Domestic sales climbed 19.8%, while exports saw a 4.4% increase. Despite a delayed monsoon impacting Kharif sowing, improved wholesale and retail performance fueled this growth. The company remains watchful of monsoon progress and El Nino's effects on rural sentiment and future growth.