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Cochin Shipyard moves up on inking pact for construction of tuna long lining & gillnetting fishing vessels

30 Jan 2018 Evaluate

Cochin Shipyard is currently trading at Rs. 542.00, up by 0.75 points or 0.14% from its previous closing of Rs. 541.25 on the BSE.

The scrip opened at Rs. 542.10 and has touched a high and low of Rs. 547.00 and Rs. 536.00 respectively. So far 26578 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 598.90 on 24-Nov-2017 and a 52 week low of Rs. 435.00 on 11-Aug-2017.

ast one week high and low of the scrip stood at Rs. 554.80 and Rs. 536.00 respectively. The current market cap of the company is Rs. 7341.22 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 14.37% and 10.63% respectively.

Cochin Shipyard (CSL) has signed contracts for construction of 16 nos Tuna Long Lining & Gillnetting Fishing Vessels under the diversification of trawl fishing boats from palk bay into deep sea fishing boats under Central sector on Blue Revolution Scheme of with financial assistance from Government of India and the Government of Tamil Nadu.

This is the company’s first entry into the fishing vessel construction segment. CSL, known for its capabilities in construction of big & high-end specialised vessels wishes to bring in quality, modern and efficient products to this currently unorganised sector thereby benefitting not only the fishing community, but also partnering in the effort to sustain the ecology by promoting long lining & gillnetting activities as against the highly damaging trawling that currently exists in this space.

CSL is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India. The company caters to clients engaged in India’s defence segment and global commercial shipping sector.

Cochin Shipyard Share Price

1544.60 -16.85 (-1.08%)
20-Apr-2026 16:59 View Price Chart
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