Cochin Shipyard is currently trading at Rs. 439.20, up by 1.65 points or 0.38% from its previous closing of Rs. 437.55 on the BSE.
The scrip opened at Rs. 444.25 and has touched a high and low of Rs. 446.95 and Rs. 438.50 respectively. So far 3569 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. 425.00 on 06-Jul-2018.
Last one week high and low of the scrip stood at Rs. 458.00 and Rs. 427.10 respectively. The current market cap of the company is Rs. 5971.67 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 14.13% and 10.87% respectively.
Cochin Shipyard has signed a shipbuilding contract with Inland Water Authority of India (IWAI) for design, construction and supply of Ten Ro-Ro Vessels. The total contract value is Rs 102.6 crore plus applicable taxes. These vessels are capable of carrying trucks, vehicles etc. and with sitting passengers will be deployed in various strategic locations in National Water Ways 1, 2 and 3.
The company has conceptualized and fully designed vessels. The vessels are built according to standards of Indian Register of Shipping. All the ten vessels will be delivered within a contractual period of 18 months.
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 | 2620.85 |
| Cochin Shipyard | 1544.60 |
| VMS Industries | 24.93 |
| Knowledge Marine & E | 1698.65 |
| Laxmipati Engineerin | 263.00 |
| View more.. | |
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