In three days, the stock price of Cochin Shipyard surged 30% on media reports, HD Hyundai & Cochin Shipyard is in talks for ₹ 10,000 crore project.
Cochin Shipyard's Q4FY25 profit rose 10 per cent YoY to ₹287.2 crore while revenue grew 36.6 per cent, with strong gains in ship repair and dividend payout of ₹2.25
State-owned Cochin Shipyard Ltd on Thursday reported a 10.93 per cent increase in consolidated net profit at Rs 287.18 crore for the March 2025 quarter on account of higher income. It had clocked Rs 258.88 crore profit in the year-ago period, the company said in a regulatory filing. The company's total income rose to Rs 1,914.79 crore, from Rs 1,366.16 crore in January-March FY24. Cochin Shipyard Ltd total expenses also rose Rs 1,530.72 crore, from Rs 1,023.84 crore in January-March FY24. For the full FY25, the company's profit rose to Rs 827.33 crore, from Rs 783.27 crore in FY24. The board of directors of the company recommended an interim dividend of Rs 2.25 per equity share of face value of Rs 5 at its meeting held on May 15, 2025. This is in addition to the interim dividend of Rs 3.50 per equity share of face value of Rs 5 recommended on February 06, 2025 and Rs 4 per equity share on November 07, 2024. Cochin Shipyard is one of the leading shipbuilding and repair yards in I
Till 12:15 PM, a combined 13.53 million equity shares representing 5 per cent of the total equity of Cochin Shipyard had changed hands on the NSE and BSE.
The defence stocks rally comes amid reports of the Pakistan army violating the ceasefire along the Line of Control (LoC) and Indian troops responding appropriately with small arms
Cochin Shipyard declared the second interim dividend of Rs 3.50 per equity share of Rs 5 each, fully paid-up (70 per cent of the face value) for the financial year 2024-25
Cochin Shipyard share price: The surge in Cochin Shipyard shares came after Adani Ports said it has placed the "largest" order of Tugs worth Rs 450 crore
The Cochin Shipyard scrip soared after the company announced that it has signed a contract of Rs 1,000 crore with the Defence Ministry for short refit and dry docking of a large Indian naval vessel
GRSE, Cochin Shipyard, BDL, BEML, MDL, MIDHANI, BEL and HAL are up in the range of 3% to 10% on the BSE in Tuesday's intra-day trade in otherwise subdued market.
The Cochin Shipyard share rose after the company entered into a Memorandum of Understanding with Seatrium Letourneau for the design and critical equipment for jack-up rigs for the Indian market
Here is the complete list of stocks that will remain in the spotlight during trading sessions following their dividend announcements to shareholders as they go ex-date on Tuesday, November 19, 2024
The government has raised Rs 3,449 crore through offer-for-sale (OFS) in Hindustan Zinc Ltd by selling about 1.6 per cent stake. Through the two-day OFS on November 6-7, the government had proposed to sell over 5.28 crore shares, or 1.25 per cent stake, with a greenshoe option to retain additional subscriptions of a similar amount. As per the official data, the government has raised Rs 3,449.18 crore from the OFS. On the first day of the share sale offer on November 6, the institutional investors had placed bids for close to Rs 3,400 crore shares or about 1.58 per cent stake. Retail investors' demand was somewhat muted on November 7. The government, which held a 29.54 per cent stake in HZL before the OFS, is the largest minority shareholder in the Vedanta Group firm. The proceeds from the HZL stake sale helped to increase the disinvestment coffers of the government. In the current fiscal so far, Rs 8,625 crore has been mopped up through minority stake sales by the government. Th
Cochin Shipyard has declared an interim dividend of Rs 4 per equity share of Rs 5 each fully paid up (80 per cent) for FY25
Stocks to watch, November 8, 2024: Cochin Shipyard reported a Q2FY25 net profit of Rs 193 crore, which is slightly lower than Rs 200 crore in the same period last year
Cochin Shipyard, Garden Reach Shipbuilders & Engineers and Mazagon Dock Shipbuilders have corrected up to 51% from their respective 52-week highs touched in July 2024.
The government on Thursday said it has received good interest from retail investors in the offer for sale (OFS) of Cochin Shipyard. Through the two-day OFS, the government sold a 5 per cent stake or 1.3 crore shares in Cochin Shipyard. Institutional investors on Wednesday over-subscribed the portion reserved for them. The issue opened for retail investors on Thursday. "The second day of Cochin Shipyard Limited OFS closed with good interest from retail investors. We thank all investors for their participation," Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey said on X. The share sale is likely to fetch about Rs 2,000 crore to the exchequer. The government currently holds 72.86 per cent of Cochin Shipyard. Shares of Cochin Shipyard closed at Rs 1,559.80, down 1.81 per cent over the previous close on BSE.
Shares of Cochin Shipyard fell as much as 4.90 per cent at Rs 1,590 per share on the BSE in Wednesday's intraday day trade.
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The floor price for the sale is 1,540 rupees, an 8% discount to the stock's Tuesday close, the filing showed. At this price, the stake is valued at Rs 2,026 crore ($241.2 million)
The Indian Navy will get two nuclear-powered attack submarines, which will boost its underwater deterrence capabilities manifold in the Indian Ocean Region.