Page 3 - Cochin Shipyard

Cochin Shipyard share price hits 5% lower circuit as Q2 margins take a hit

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, Nov 8: Lupin, Cochin Shipyard, Astral, Emami, RVNL, NHPC

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

Shipbuilding shares sink; Mazagon Dock, GRSE, Cochin Ship tank up to 10%

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.

Govt gets good retail interest in Cochin Shipyard offer for sale: Dipam

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.

Cochin Shipyard sinks 5% after Govt plans to sell stake worth Rs 2,026 cr

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.

Stocks To Watch: Adani Energy, Cochin Shipyard, HDFC Life, Vi, Ola Electric

Stock Market Today: Tata Motors-owned Jaguar Land Rover reported a 36 per cent year-on-year increase in retail sales for the first half of the fiscal year

Govt to sell up to 5% stake worth Rs 2,026 crore in Cochin Shipyard

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)

Defence stocks soar up to 7% after govt okays building 2 nuclear submarines

The Indian Navy will get two nuclear-powered attack submarines, which will boost its underwater deterrence capabilities manifold in the Indian Ocean Region.

Major defence stocks stage a comeback; Cochin Shipyard surges by 10%

According to experts, interest in defence stocks likely went up as the correction eased valuations to an extent. The buoyant sentiment in the equity market also boosted buying in the sector

Cochin Shipyard shares hits 10% upper circuit ahead of ex-dividend date

The uptick in the stock price is attributed to investors rushing to counter as the company's shares will trade ex-dividend date on Monday, September 23, 2024

Dividend, Bonus: Bharat Dynamics, CSL, 82 other stocks go ex-date next week

Here's the complete list of stocks that will trade ex-date next week for dividends, bonus issues, or stock splits

Analysts bullish on defence stocks as DAC okays Rs 1.4-trn acquisition

Share prices of Cochin Shipyard, Mazagon Dock Shipbuilders, Paras Defence, HAL, Garden Reach Shipbuilders, and Mishra Dhatu Nigam gained up to 3.32 per cent on the BSE

Shipbuilding stocks in focus: GRSE, MDL, Cochin Shipyard gain up to 7%

The Defence Acquisition Council (DAC) is likely to discuss proposals of mega projects worth around Rs 1.2 trillion for approval in a meeting scheduled for today.

Shipbuilding stocks trade weak; Mazagon Dock, Cochin, GRSE down up to 9%

These stocks have corrected between 27 per cent and 38 per cent from their respective all-time high levels touched in July.

Cochin Shipyard rallies 8% on strong Q1 results; stock up 87% in 3 months

The uptick in the share price came after the company announced a strong set of June quarter of financial year 2025 (Q1FY25) results.

Cochin Shipyard rallies over 4% after unit bags order worth Rs 1,100 crore

UCSL, under contract terms, will undertake the design and construction of four 6300 TDW dry cargo vessels, the company said in a statement

Cochin Shipyard gets 60 mn euros order for hybrid SOVs from UK operator

India's leading shipyard, Cochin Shipyard Limited (CSL), on Monday said it has secured another prestigious international order from North Star Shipping, a top UK-based offshore renewable operator, for the construction of a hybrid Service Operation Vessels (SOVs). They will be building hybrid SOVs for a contract with Siemens Gamesa. These vessels will be deployed at the Scottish Power Renewables East Anglia THREE offshore wind farm, situated off the Suffolk coast, an official release said here. A CSL source said the order is valued at EUR 60 million. It said the ship building contract also has an option to contract two more such vessels. North Star, earlier in the year, contracted another hybrid SOV with Cochin Shipyard. With attention turning towards sustainable and green energy solutions, there is a large global focus on the development of offshore renewable energy segments. CSL said the hybrid SOVs are the workhorse of the growing, highly specialised renewables segment, in whi

This shipbuilding stock has zoomed 76% in 10 days; at new high post Q4 nos

Cochin Shipyard stock update: The stock hit a new high after the company reported a near 7-fold jump in net profit in Q4FY23 backed by a 114 per cent surge in revenue.

IOCL, Sun TV, Cochin Shipyard, Bosch, among eight stocks to watch on May 27

Stocks to watch on May 27: Bosch showed a 4.2 per cent YoY increase in revenue to Rs 4,233 crore, with a notable 41.7 per cent rise in net profit to Rs 564 crore

Cochin Shipyard Q4 results: Net profit rises multi-fold to Rs 259 crore

State-owned Cochin Shipyard Ltd on Friday reported multi-fold growth in its consolidated net profit to Rs 258.88 crore for the March 2024 quarter on account of higher income. It had clocked Rs 39.33 crore profit in the year-ago period, the company said in a regulatory filing. The company's total income rose to Rs 1,366.16 crore from Rs 671.32 crore in January-March FY23. The board of the company also approved a final dividend of Rs 2.25 per share for FY24. Cochin Shipyard is one of the leading shipbuilding and repair yards in India. It also has an exclusive area set for offshore construction and future expansion. The company earned a revenue of Rs 985.15 crore from the shipbuilding segment against Rs 453.84 crore in Q4 FY23. From ship repairing, it has registered a revenue of Rs 300.89 crore compared to Rs 146.24 crore a year ago. For the full FY24, the company's profit more than doubled to Rs 783.27 crore from Rs 304.70 crore in FY23.