Cochin Shipyard is currently trading at Rs. 507.35, up by 2.55 points or 0.51% from its previous closing of Rs. 504.80 on the BSE.
The scrip opened at Rs. 505.50 and has touched a high and low of Rs. 512.30 and Rs. 505.50 respectively. So far 1100 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.
Last one week high and low of the scrip stood at Rs. 514.80 and Rs. 495.50 respectively. The current market cap of the company is Rs. 6912.35 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 14.57% and 10.43% respectively.
Cochin Shipyard has signed an agreement with Government of Kerala on May 31, 2018, for construction of three Marine ambulance boats for Fisheries Department.
These vessels will have an approximate length of 22.5 metres, beam size of about 5.99 metres and will have a maximum speed of 14 knots. The vessel will be highly fuel efficient with most modern design, designed by CSL in-house Design Department. Designing of these boats had posed challenges to the yard, as these are extremely weight sensitive vessels. The boat will be built as per the IRS Standard, with a special feature of 2 side aft deck foldable platforms for ease of pulling the patients from water to the deck.
Cochin Shipyard 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.
| Company Name | CMP |
|---|---|
| Mazagon Dock Ship | 2618.30 |
| Cochin Shipyard | 1561.45 |
| VMS Industries | 24.80 |
| Knowledge Marine & E | 1775.50 |
| Laxmipati Engineerin | 262.80 |
| View more.. | |
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