Page 3 - Cochin Shipyard

Cochin Shipyard surges 15%, hits new high in weak market on strong outlook

The stock hit a new high of Rs 1,096.85, and has zoomed 98 per cent in the past three months

Cochin Shipyard hits record high, up 37% in three days post strong Q1 show

The company's Q1 net profit had soared 123.7 per cent to Rs 109.41 crore for the June 2023 quarter as against Rs 48.91 crore in the year ago period.

Strong order pipeline positive for listed shipyards; prospects 'promising'

Upsides higher on Cochin Shipyards and Garden Reach Shipbuilders than Mazagon

Defence stocks on roll: Mazagon Dock, BDL, Cochin Shipyard surge up to 10%

Mazagon Dock Shipbuilders hit a new high of Rs 1,584, as the stock rallied 10 per cent on reports that MoD has cleared the procurement of three additional Scorpene or Kalvari class submarines.

Cochin Shipyard partners with ASAP Kerala to impart skill training to youth

ASAP Kerala, the skill development agency of the Higher Education department, and the Cochin Shipyard Ltd would have agreed to jointly conduct training programmes for skill development of youth of marginalised sections. The 'Samathva Project' for the scheduled castes, scheduled tribes and fishermen at the state level and the 'She-Skills' project for the women of Ernakulam district were inaugurated by the Minister of Higher Education R Bindu here on Friday. The project will be implemented with the help of Cochin Shipyard's CSR fund of Rs.50 lakh, an official statement said. Nine vocational programs will be implemented through the projects with the help of Cochin Shipyard's CSR Fund. The initiatives would focus on the upliftment of youth from marginalized sections. Under the 'She Skills' project, courses like medical coding, general duty assistant and housekeeping associate would be offered. The 'Samathva' project would impart training for courses like Automotive Service Technician,

With policy ammunition, defence stocks continue to yield strong returns

Most sector PSUs ended FY23 with strong order books

Defense stocks rally on bagging contracts from MoD; BEL, BDL surge up to 8%

The Ministry of Defence (MoD) on March 30 signed contracts with Indian shipyards, Bharat Dynamics, Bharat Electronics, and BrahMos Aerospace for equipments worth over Rs 35,000 crore.

Cochin Shipyard soars 13% in 2 days on healthy order book

ICICI Securities remains positive on CSL led by strong earnings visibility considering healthy order backlog, expected pick-up in execution, and strong opportunities in ship-building segment

Cochin Shipyard Q2 profit declines to Rs 113 cr, income rises to Rs 744 cr

Cochin Shipyard Ltd on Thursday reported a 14 per cent fall in consolidated profit at Rs 112.79 crore in the quarter ended September. The company had posted a consolidated profit of Rs 131.30 crore in the corresponding quarter of the previous fiscal, it said in a filing to BSE. The consolidated income of the company in the second quarter of the current fiscal increased to Rs 744.88 crore from Rs 738.01 crore in the year-ago period. The company's board has approved an interim dividend of Rs 7 per equity share for 2022-23.

Cochin Shipyard receives Rs 1,000 crore order from European client

Cochin Shipyard has received an order of about Rs 1,000 crore to construct vessels from a European client, the company said in a regulatory filing on Thursday. The completion time for the project is 35 months, it said. "CSL has bagged an international order for constructing 2 nos of Commissioning Service Operation Vessels (CSOV) from a European Client, with an option to build 4 more of such vessels to be exercised by the Owner within a period of one year," the filing said. These vessels are intended for the services of offshore wind farm installations towards their commissioning and maintenance. "These specialised vessels are being contracted for the first time in the country. The estimated project cost for the firm order is approximately Rs 1,000 crore and the project completion time is 35 months," the filing said.

PM Modi unveils new Naval Ensign 'Nishaan' at Cochin Shipyard in Kochi

The Prime Minister unveiled the new Naval Ensign 'Nishaan' during the commissioning of the indigenous aircraft carrier INS Vikrant

LIVE: 3 Covid vax doses offer better protection from Omicron, finds study

LIVE news updates: The study showed that two vaccine doses provide only limited and short-lived protection against SARS-CoV-2 infection with the variant

India's first indigenous carrier 'INS Vikrant' to be commissioned on Sept 2

India's first indigenous aircraft carrier carries on board an air wing consisting of 30 aircrafts

INS Vikrant to be commissioned on September 2; here are 5 things to know

INS Vikrant will be commissioned in Cochin in the presence of Prime Minister Narendra Modi

The aircraft and the carrier

The decision on the choice of a second indigenous aircraft carrier, which the navy is pushing for, will be crucial in determining India's maritime future

Cochin Shipyard to invest Rs 50 cr in maritime startups: Sarbananda Sonowal

The Minister also unveiled the Start-up engagement framework of Cochin Shipyard Limited on the occasion of the inauguration of the Golden Jubilee celebrations of Cochin Shipyard Limited (CSL)

Dredging Corporation signs major ship building pact with Cochin Shipyard

The shipyard signed a building agreement with Dredging Corporation of India to build India's first 12,000 cubic meter dredger

Dredging Corp signs major ship building pact with Cochin Shipyard

The agreement is for constructing the first beagle series 12 trailing suction hopper dredger, an official statement said

Cochin Shipyard is gearing up for strong top line in FY22: Madhu Nair

For FY22, the company said its current order book size stands at Rs 12,000 crore, which includes private, government and navy shipbuilding and ship repairs

Cochin Shipyard delivers 500 passenger vessel to Andaman and Nicobar

Cochin Shipyard Ltd (CSL) has delivered the first 500 passenger cum 150 tonne cargo vessel 'Sindhu' to Andaman and Nicobar Administration