7/4/2025, 11:35:03 am

Mazagon Dock Shipbuilders shares fall 9%

Mazagon Dock Shipbuilders' stock fell 8% on April 7, marking its second consecutive decline after a 7% drop the previous day. The government's OFS for non-retail investors was oversubscribed 1.4 times, triggering the green shoe option. Retail bidding commenced as shares dipped below the ₹2,525 floor price. The government will retain an 80% stake post-sale.