US EditionMazagon Dock Share Price: Navratna PSU stock falls over 6% following this update by government
5 Articles
5 Articles
Mazagon Dock Share Price: Navratna PSU stock falls over 6% following this update by government
Mazgaon Dockyard Share Price: Shares of Navratna PSU Mazagon Dock Shipbuilders, which specialises in the construction of wardships and submarines, fell over 6 per cent on Friday, i.e. April 4, 2024, after the government said that it plans to sell up to 4.83 per cent stake in the defence firm. The stock has dipped over 6 per cent today as Sensex declined over 500 points to 75,785.82 in early trade. Similarly, Nifty slipped 146.05 points to 23,104…
Mazagon Dock Share Sale Shakes Markets: Government's Strategic Divestment
Mazagon Dock Share Sale Shakes Markets: Government's Strategic Divestment In a significant market reaction on Friday, shares of Mazagon Dock Shipbuilders fell by 7% following the government's decision to offload a 4.83% stake in the enterprise.The announcement led to a notable decline in the company's valuation, impacting both the NSE and BSE indices. Specifically, shares dropped to Rs 2,548.70 on the NSE and Rs 2,550 on the BSE.The planned sale…
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