Monday, March 17, 2025 | 10:52 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Cochin Shipyard gains 7% in weak market on winning Rs 550 cr overseas order

The company has received an order of Rs 550 crore from Norway-based global logistics solution provider Samskip Group.

Cochin Shipyard
Premium

SI Reporter Mumbai
Shares of Cochin Shipyard rallied 7 per cent to Rs 473.65 on the BSE in Monday’s intra-day trade in an otherwise weak market after the company said it received an international order of Rs 550 crore from Norway-based global logistics solution provider Samskip Group.

At 09:21 AM; the stock was trading 4 per cent higher at Rs 462.40, as compared to 0.90 per cent decline in the S&P BSE Sensex.
Cochin Shipyard said the company has bagged order from NAVSHUTTLE 1 AS and NAVSHUTTLE 2 AS, Lysaker Norway, Companies in the Samskip Group, headquartered in Netherlands, for the design

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in