Cochin Shipyard Ltd News

With policy ammunition, defence stocks continue to yield strong returns

Most sector PSUs ended FY23 with strong order books

Defense stocks rally on bagging contracts from MoD; BEL, BDL surge up to 8%

The Ministry of Defence (MoD) on March 30 signed contracts with Indian shipyards, Bharat Dynamics, Bharat Electronics, and BrahMos Aerospace for equipments worth over Rs 35,000 crore.

Cochin Shipyard gains 7% in weak market on winning Rs 550 cr overseas order

The company has received an order of Rs 550 crore from Norway-based global logistics solution provider Samskip Group.

Cochin Shipyard soars 13% in 2 days on healthy order book

ICICI Securities remains positive on CSL led by strong earnings visibility considering healthy order backlog, expected pick-up in execution, and strong opportunities in ship-building segment

Cochin Shipyard hits new high after a 5-year gap; zooms 96% in 4 months

The stock hit a new high of Rs 610.75, and has rallied 12 per cent in past two days, surpassing its previous high of Rs 598.90, touched on November 24, 2017.

Cochin Shipyard, Mazagon Dock soar up to 8% on hopes of strong Q2 results

Thus far in FY23, MDL (up 277%), GRSE (201%) and Cochin Shipyard (185%) have seen their market price appreciated more than 100%, as against nearly 4% rise in Sensex.

Smooth sailing for shipbuilders in choppy markets; up to 27% upside likely

Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers, and Cochin Shipyard have surged 129 per cent, 121 per cent, and 49 per cent each so far this year

Shipbuilding stocks rally up to 11%; Mazagon, Garden Reach hit new highs

The defence shipbuilding segment continues to look promising on account of ambitious acquisition plan of Indian Navy and Indian Coast Guard.