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(As on Apr 04, 2025, 13:03)

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MazagoDock Shipbuilders shares drop 7% as govt announces stake sale via OFS

Shares of Mazagon Dock Shipbuilders fell 7% in early trade on Friday after the government announced plans to offload up to a 4.83% stake in the state-owned company through an Offer for Sale (OFS).

On the National Stock Exchange (NSE), the stock declined by 6.90% to Rs 2,548.70 per share, while on the Bombay Stock Exchange (BSE), it slipped 6.78% to Rs 2,550 per share.

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