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Cochin Shipyard trades jubilantly as company declared as L1 in tender floated by Indian Navy

23 Feb 2021 Evaluate

Cochin Shipyard is currently trading at Rs. 388.75, up by 35.60 points or 10.08% from its previous closing of Rs. 353.15 on the BSE.

The scrip opened at Rs. 353.15 and has touched a high and low of Rs. 393.70 and Rs. 349.05 respectively. So far 170037 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 396.30 on 11-Jan-2021 and a 52 week low of Rs. 209.00 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 393.70 and Rs. 349.05 respectively. The current market cap of the company is Rs. 5113.63 crore.

The promoters holding in the company stood at 72.86%, while Institutions and Non-Institutions held 9.42% and 17.72% respectively.

Cochin Shipyard (CSL) has been declared as L1 in the tender floated by the Indian Navy for construction of 6 nos. of Next Generation Missile Vessels (NGMV) and the estimated total order value is around Rs 10,000 crore. The final announcement of the contract will be subject to the satisfactory completion of necessary formalities in this regard, which will be updated in due course.

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.

Cochin Shipyard Share Price

1561.45 65.95 (4.41%)
17-Apr-2026 16:59 View Price Chart
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