Home / Business and Economy / Cochin Shipyard Stock Surges 11.7%
Cochin Shipyard Stock Surges 11.7%
1 Apr
Summary
- Cochin Shipyard's stock price increased by 11.72% to Rs 1,334.05.
- The company reported a net profit of 144.67 Crores in its last quarter.
- Analysts show mixed ratings, with one buy rating and no sell ratings.
Cochin Shipyard's stock price saw a notable increase, trading 11.72% higher at Rs 1,334.05. This rally comes amidst a year-to-date performance that has seen the stock decline by -26.36% and a 5-day loss of -11.06%.
The company demonstrated financial strength by posting a net profit of 144.67 Crores in its most recent quarterly report. This performance is contrasted by a TTM P/E ratio of 58.59, which is considerably higher than the sector average of 31.80.
Analyst sentiment towards Cochin Shipyard is divided. Among the three analysts who have initiated coverage, one has issued a 'buy' rating, while none have recommended a 'sell'. Mutual Fund holding increased to 2.47% as of December 31, 2025, from the previous quarter, whereas Foreign Institutional Investor (FII) holding decreased to 2.74% on the same date.
Competitors such as Mazagon Dock Shipbuilders have also shown positive trading, with a 9.46% increase.
