Why Cochin Shipyard Share Price Falling - VRGyani News


Wednesday, March 6, 2024

Why Cochin Shipyard Share Price Falling

06 March 2024: One of the key reasons contributing to the decline in Cochin Shipyard's share price is the phenomenon of profit booking. As the stock split effectively doubles the number of shares held by investors, some may opt to capitalize on the opportunity to realize gains by selling a portion of their holdings. This influx of selling pressure can exert downward pressure on the share price, creating a temporary downturn in its valuation.

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