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COCHINSHIP — Cochin Shipyard News Story

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Cochin Shipyard down; India gov't to sell up to 5.04% stake

BUZZ-Cochin Shipyard down; India gov't to sell up to 5.04% stake

** Cochin Shipyard COCH.NS falls 4.3% to 1,442.40 rupees

** Indian government to sell stake of up to 5.04% in COCH via offer for sale

** Floor price for offer for sale set at 1,400 rupees per share, over 7% discount to closing price on Monday

** YTD, COCH down ~11%


(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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