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MAZAGON DOCK shares 13% to additional 1.18% stake

MONews
2 Min Read
MAZAGON DOCK SIPBUILDERS accounted for 13%at 2,207.30 times of 2,207.30 RS on BSE on Monday, and then announced that the government will sell 1.18%stake to the company through the sales proposal (OFS). The low part of 2,207.30 RS has increased low. According to Friday’s submission, the total proposal size increases to 4.01%.

According to this option, the government will offer additional 47.69 Lakh stocks. This occurs in the basic problem of 1.14 crore stocks or 2.83%of the shares.

The OFS has been opened for a non -false investor on Friday and will continue for retail investors, employees and non -recollections on Monday. The price of sales is fixed at 2,525 rupees per share.

Thursday, the state -owned company said that the government can sell up to 80.67 Lark additional shares (2%) through the excess route. In the end, we decided to sell 1.18% of the shares instead.

“Therefore, the total proposal size is up to 1,61,80,354 equity shares (4.01%of the company’s total paid stock capital) can be used for 16,18,036 shares, or 10%of the proposal.


Mazagon Dock Shipbuilders: Stock goals and performance for Trendlyne Data is a 84.83% stake in UNION GOVERNMENT as of December 2024. The consensus recommendation of three analysts is ‘Hold’.

On Friday, Mazagon Dock Shipbuilders fell 7.1%from BSE to 2,541.2 rupees, while SENSEX SENSEX fell 1.22%. The stock has surged 13% year -on -year and 673% over the last two years. The company’s market cap is currently 1,02,506 rupees.

(Exemptions: Recommendations, proposals, views, and opinions provided by experts are itself.

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