Market experts attributed the weakness to a combination of valuation concerns, liquidity pressures and profit booking.
Dividend stocks today: Ashok Leyland and Cochin Shipyard are among the 10 stocks expected to remain in focus today. Here is the full list along with key details
Cochin Shipyard shares fell 8 per cent intraday as Q2 profit and operating margin fell. The company also declared an interim dividend of ₹4 per equity share
NSE India Defence index was quoting higher for the third straight trading day, surging 3.7% during the period, as against 0.14% decline in the Nifty 50.
R&D spending by India's defense PSUs over the next five years is slated to increase with a projected expenditure of ₹32,766 crore, exceeding ₹30,952 crore invested in the past 10 years.
Cochin Shipyard Limited (CSL), a public-sector shipbuilder, will launch three technologically advanced vessels, including an Anti-Submarine Warfare Shallow Water Craft (ASW SWC) for the Indian Navy, here on Saturday, the company said. The other vessels to be launched are the Hybrid Electric Methanol-Ready Commissioning Service Operation Vessel (CSOV) and India's largest Trailer Suction Hopper Dredger, DCI Dredge Godavari. According to CSL, the triple launch reaffirms the shipyard's leadership in naval, commercial and green maritime segments. "These launch will showcase India's engineering excellence, indigenisation drive and commitment to sustainable maritime development under the Maritime India Vision 2030 and Aatmanirbhar Bharat initiatives," the CSL said in a statement. The ASW SWC for the Navy is the sixth vessel built under an eight-ship contract signed in April 2019. The 78-metre-long, 896-tonne craft can achieve speeds up to 25 knots and is equipped with advanced underwater
Cochin Shipyard Ltd (CSL) on Tuesday said it has bagged a mega order from a prominent European client for the design and construction of six feeder container vessels. These vessels will have a capacity of about 1,700 twenty-foot equivalent units and be powered by liquefied natural gas, according to a regulatory filing. CSL said that a letter of intent (LOI) in this regard was signed on October 14, 2025. A formal shipbuilding contract detailing the techno-commercial terms will be signed in due course, it added. According to the company's project classification, the value of the order is above Rs 2,000 crore.
Garden Reach Shipbuilders, Mazagaon Dock Shipbuilders, and Cochin Shipyard rallied up to 4 per cent today. Their share prices have jumped up to 68 per cent in 2025
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CSL will set up a new shipbuilding unit on 80 acres in Kochi with an investment of about ₹3,700 crore
At 10:35 AM, among others, shares of Cochin Spiyard were trading 2.39 per cent higher, Mazagon Dock Shipbuilders 1.25 per cent, Garden Reach Shipbuilders & Engineers (GRSE) up 4.77 per cent
At 11:35 AM, Cochin Shipyard shares were trading 2.40 per cent higher at ₹1,935.25 per share. In comparison, BSE Sensex was trading 0.46 per cent higher at 83,072.12 levels.
Antique Stock Broking said it expects Cochin Shipyard's revenue growth to slow in the coming quarters due to a stagnant order book
Infosys, Adani Enterprises, Cochin Shipyard, IFCI and UCO Bank are technically trading in the oversold zone, as per the RSI indicator; charts hint up to 23% downside risk for these 5 stocks.
Technical charts show that defence stocks such as BDL, Mazagon Dock, Cochin Shipyard, ideaForge and GRSE can fall another 18% from here; check support levels each defence shares here.
The MoU focuses on cooperation in several key areas, including joint exploration of new building opportunities in India and overseas, sharing of technical expertise, upskilling of the workforce, etc
The sharp rally in defence stocks came after the Defence Acquisition Council (DAC), headed by Defence Minister Rajnath Singh, approved 10 major capital acquisition proposals on Thursday.