The yard has delivered two of India's largest double hull Aframax tankers each of 95,000 DWT
The company has been declared as lowest bidder for construction of six numbers of Next Generation Missile Vessels (NGMV) and the estimated total order value is around Rs 10,000 crore
State-run Cochin Shipyard on Friday posted a 32 per cent rise in consolidated net profit at Rs 223.73 crore during the quarter ended December.
Cochin Shipyard, with facilities on the East and West coasts of India, is a leader in commercial and defence shipbuilding and repairs.
On October 22, 2020, Damani acquired 694,646 equity shares, representing 0.53 per cent stake, in Cochin Shipyard at Rs 349.14 per share on the NSE
In a statement, CSL said the 56 metre long Ro-Ro Vessel is built with in-house design for day and night operation all round the year to carry 15 TEU container trailers and 30 passengers
Mazagon is India's only shipyard engaged in building destroyers and conventional submarines for Indian Navy
Cochin Shipyard is eyeing opportunities in inland, coastal, fishing and special vessels segments besides aspiring to spin off a dedicated vertical for fishing vessels, according to its CMD
The company also said that due to the pandemic, both L&T and Sealord Diving and Salvage have notified "force majeure event" from March 22 onwards, which is still continuing
The stock of Cochin Shipyard has maintained a strong bottom near 320 levels and has given a bullish positive candle to imply strength
This project is an ambitious one in Norway, partially funded by the Norwegian government, and aimed at emission-free transport of goods across the Oslofjord
Banks to take huge haircuts as the plan proposes to pay only 9.74 per cent of the total admitted Rs 602 crore debt
With this acquisition of shares, HCSL has become a wholly-owned subsidiary of CSL with a paid-up share capital of Rs 22 crore
air said India should do much more of ship repair, given the country's location and good-quality manpower.
The stock that hits a new lifetime high attracts more volumes resulting in higher price levels.
Cochin Shipyard is one of the leading shipbuilding and repair companies in India
The country's first Indigenous Aircraft Carrier (IAC-1), Vikrant, is in advanced stage of construction and will be delivered to the Navy in 2021
The company has signed the Phase-III contract for construction of the indigenous aircraft carrier for Indian Navy.
Despite a fall of 26 per cent since its listing in August 2017 (30 per cent fall thus far in calendar year 2018), analysts remain bullish on this government-owned company from a long-term horizon.
Cochin Shipyard, the largest ship building and repairing facilitybin the country, would execute around Rs 150 billion worth of orders including building of Anti Submarine Warfare (ASW) Corvette and the aircraft carrier for Indian Navy in next five years. The expansion plans, including a dry dock within the shipyard and facilities in Mumbai, Kolkata and Port Blair, for a total of over Rs 25 billion would also be ready during this period, said Madhu S Nair, CMD of Cochin Shipyard."Unlike in other industries, we will not see this signed, documented and sealed at each point of time, but the visibility in front of us is around Rs 150 billion. For the aircraft carrier, we have some post delivery commitments. All these contracts has to be executed in at least four to five years at the maximum," he said.The company is in advanced stages of finalising a contract to build the ASW Corvette, with the Indian Navy, as the lowest bidder for the project. The project is to produce eight such vessels ..