Cochin Shipyard shares rally 5% on securing Rs 1,000 crore Defence Ministry contract

Cochin Shipyard share price: Cochin Shipyard shares surged 5% to Rs 1655.75 after the company secured a Rs 1,000 crore contract with the Ministry of Defence for refitting and dry docking a large Indian Naval Vessel. They reported a 4% YoY increase in net profit at Rs 189 crore for Q2 FY25. Revenue rose 13% to Rs 1,143.2 crore.

More To Explore

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003