Why Cochin Shipyard is up 33% in three months

November 30, 2023

The Government holds a 72% stake in Cochin Shipyard through the Ministry of Shipping. The company has a facility to construct ships weighing upto 1.1 lakh dead weight tonnes. It has a track record of constructing 175 vessels, and prior experience of building an aircraft carrier. It is therefore well placed to win the order of a new aircraft when it will be awarded.

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