COCHINSHIP
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Cochin Shipyard Executes Joint Venture Agreement With Hbl Engineering On March 25, 2026
March 25 (Reuters) - Cochin Shipyard Ltd COCH.NS:
EXECUTES JOINT VENTURE AGREEMENT WITH HBL ENGINEERING ON MARCH 25, 2026
JOINT VENTURE TO DEVELOP ELECTRIC MOBILITY AND ENERGY STORAGE FOR MARITIME SECTOR
JOINT VENTURE TO HAVE INITIAL CAPITAL OF 90 MILLION RUPEES
Source text: ID:nNSE7tF8hS
Further company coverage: COCH.NS
(([email protected];))
March 25 (Reuters) - Cochin Shipyard Ltd COCH.NS:
EXECUTES JOINT VENTURE AGREEMENT WITH HBL ENGINEERING ON MARCH 25, 2026
JOINT VENTURE TO DEVELOP ELECTRIC MOBILITY AND ENERGY STORAGE FOR MARITIME SECTOR
JOINT VENTURE TO HAVE INITIAL CAPITAL OF 90 MILLION RUPEES
Source text: ID:nNSE7tF8hS
Further company coverage: COCH.NS
(([email protected];))
India's Cochin Shipyard firms on 20 billion-rupee order win
** Cochin Shipyard COCH.NS firms 0.69% to 1,539.70 rupees
** Shipbuilder wins contract worth over 20 billion rupees ($219.6 million) from European client for design, construction of six feeder container vessels
** COCH down 5.6% YTD
($1 = 91.0660 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
** Cochin Shipyard COCH.NS firms 0.69% to 1,539.70 rupees
** Shipbuilder wins contract worth over 20 billion rupees ($219.6 million) from European client for design, construction of six feeder container vessels
** COCH down 5.6% YTD
($1 = 91.0660 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
Cochin Shipyard Signs Contract With CMA CGM For Construction Of 6 LNG‑Fuelled Feeder Vessels
Feb 18 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - SIGNED CONTRACT WITH CMA CGM FOR CONSTRUCTION OF 6 LNG‑FUELLED FEEDER VESSELS
Source text: ID:nBSE8RvVP8
Further company coverage: COCH.NS
(([email protected];;))
Feb 18 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - SIGNED CONTRACT WITH CMA CGM FOR CONSTRUCTION OF 6 LNG‑FUELLED FEEDER VESSELS
Source text: ID:nBSE8RvVP8
Further company coverage: COCH.NS
(([email protected];;))
India's Cochin Shipyard rises on 50-billion-rupees order win
** Shares of India's Cochin Shipyard COCH.NS jumps 5.5% to 1550 rupees
** Shipbuilder wins contract worth 50 billion rupees ($551.02 million) from the Ministry of Defence
** Contract for construction of five Next Generation Survey Vessels (NGSV) for the Indian Navy
** Stock on track to snap four sessions of losses
** Trading vols at 1.5 mln shares vs 30-day-trading volume of 859,681 shares
** COCH gained 5.3% in 2025, stock down 9.3% so far in 2026
($1 = 90.7400 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
** Shares of India's Cochin Shipyard COCH.NS jumps 5.5% to 1550 rupees
** Shipbuilder wins contract worth 50 billion rupees ($551.02 million) from the Ministry of Defence
** Contract for construction of five Next Generation Survey Vessels (NGSV) for the Indian Navy
** Stock on track to snap four sessions of losses
** Trading vols at 1.5 mln shares vs 30-day-trading volume of 859,681 shares
** COCH gained 5.3% in 2025, stock down 9.3% so far in 2026
($1 = 90.7400 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))
Cochin Shipyard Declared L1 For Construction Of 5 Next Gen Survey Vessels Worth About 50 Bln Rupees
Feb 16 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - DECLARED L1 FOR CONSTRUCTION OF 5 NEXT GEN SURVEY VESSELS
COCHIN SHIPYARD - ESTIMATED ORDER VALUE AROUND 50 BILLION RUPEES
Source text: ID:nNSE6lphR3
Further company coverage: COCH.NS
(([email protected];;))
Feb 16 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - DECLARED L1 FOR CONSTRUCTION OF 5 NEXT GEN SURVEY VESSELS
COCHIN SHIPYARD - ESTIMATED ORDER VALUE AROUND 50 BILLION RUPEES
Source text: ID:nNSE6lphR3
Further company coverage: COCH.NS
(([email protected];;))
Cochin Shipyard Secures Order Between 1Bln Rupees To 2.5 Billion Rupees
Jan 30 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - SECURES ORDER FOR TWO GREEN TUGS WORTH BETWEEN 1BLN RUPEES TO 2.5 BILLION RUPEES
COCHIN SHIPYARD - BAGGED NOTABLE ORDER FROM POLESTAR MARITIME LIMITED
Source text: ID:nBSE4vqXQD
Further company coverage: COCH.NS
(([email protected];;))
Jan 30 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - SECURES ORDER FOR TWO GREEN TUGS WORTH BETWEEN 1BLN RUPEES TO 2.5 BILLION RUPEES
COCHIN SHIPYARD - BAGGED NOTABLE ORDER FROM POLESTAR MARITIME LIMITED
Source text: ID:nBSE4vqXQD
Further company coverage: COCH.NS
(([email protected];;))
Cochin Shipyard Dec-Quarter Consol Net Profit 1.45 Billion Rupees
Jan 29 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - DIVIDEND 3.5 RUPEES PER SHARE
COCHIN SHIPYARD DEC-QUARTER CONSOL NET PROFIT 1.45 BILLION RUPEES
COCHIN SHIPYARD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 13.5 BILLION RUPEES
COCHIN SHIPYARD - APPROVED PROPOSAL FOR FORMING JOINT VENTURE WITH HBL ENGINEERING
COCHIN SHIPYARD - JV FOR DEVELOPING ELECTRIC MOBILITY TECH, ENERGY STORAGE SOLUTIONS IN MARINE SPACE
COCHIN SHIPYARD - APPROVED PROPOSAL FOR ACQUISITION OF 23% STAKE IN CONOSHIP, NETHERLANDS
COCHIN SHIPYARD - DECIDED NOT TO MOVE AHEAD WITH RAISING OF FUNDS THROUGH ISSUANCE OF US$ NOTES
Source text: ID:nBSE2zrhjC
Further company coverage: COCH.NS
(([email protected];))
Jan 29 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - DIVIDEND 3.5 RUPEES PER SHARE
COCHIN SHIPYARD DEC-QUARTER CONSOL NET PROFIT 1.45 BILLION RUPEES
COCHIN SHIPYARD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 13.5 BILLION RUPEES
COCHIN SHIPYARD - APPROVED PROPOSAL FOR FORMING JOINT VENTURE WITH HBL ENGINEERING
COCHIN SHIPYARD - JV FOR DEVELOPING ELECTRIC MOBILITY TECH, ENERGY STORAGE SOLUTIONS IN MARINE SPACE
COCHIN SHIPYARD - APPROVED PROPOSAL FOR ACQUISITION OF 23% STAKE IN CONOSHIP, NETHERLANDS
COCHIN SHIPYARD - DECIDED NOT TO MOVE AHEAD WITH RAISING OF FUNDS THROUGH ISSUANCE OF US$ NOTES
Source text: ID:nBSE2zrhjC
Further company coverage: COCH.NS
(([email protected];))
Seatrium Ltd. and Cochin Shipyard Forge Strategic Offshore Partnership to Expand MRO Services Across Asia
Seatrium Ltd., through its subsidiary Seatrium Letourneau USA, Inc., has entered into a collaboration with Cochin Shipyard Limited (CSL) to jointly design and supply critical equipment for jack-up rigs serving the Indian market. The partnership, formalized through a Memorandum of Understanding, aims to leverage both companies' expertise to pursue Maintenance, Repair, and Overhaul (MRO) projects and explore opportunities in key offshore markets across Asia. The agreement lays the groundwork for Seatrium's long-term participation in India's expanding offshore industry, supporting the country's growing energy needs and energy transition efforts. The collaboration marks a strategic milestone for both companies as they seek to deliver integrated offshore asset solutions and enhance maritime capabilities in the region.
Seatrium Ltd., through its subsidiary Seatrium Letourneau USA, Inc., has entered into a collaboration with Cochin Shipyard Limited (CSL) to jointly design and supply critical equipment for jack-up rigs serving the Indian market. The partnership, formalized through a Memorandum of Understanding, aims to leverage both companies' expertise to pursue Maintenance, Repair, and Overhaul (MRO) projects and explore opportunities in key offshore markets across Asia. The agreement lays the groundwork for Seatrium's long-term participation in India's expanding offshore industry, supporting the country's growing energy needs and energy transition efforts. The collaboration marks a strategic milestone for both companies as they seek to deliver integrated offshore asset solutions and enhance maritime capabilities in the region.
India's Cochin Shipyard gains on 2-billion-rupee order win
** Shares of Cochin Shipyard COCH.NS rise 2.4% to 1,936 rupees, highest in a month
** Ship-builder wins order worth 2 billion rupees ($22.74 million) from ONGC ONGC.NS to carry out major repair work on one of its offshore drilling rigs
** Estimated duration for project is around 12 months
** Stock up 25% YTD
($1 = 87.9380 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Cochin Shipyard COCH.NS rise 2.4% to 1,936 rupees, highest in a month
** Ship-builder wins order worth 2 billion rupees ($22.74 million) from ONGC ONGC.NS to carry out major repair work on one of its offshore drilling rigs
** Estimated duration for project is around 12 months
** Stock up 25% YTD
($1 = 87.9380 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
Cochin Shipyard Says Receipt Of Order For Dry Dock/ Major Lay-Up Repairs Of A Jack Up Rig
Sept 17 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD- RECEIPT OF ORDER FOR DRY DOCK/ MAJOR LAY-UP REPAIRS OF A JACK UP RIG
COCHIN SHIPYARD- ESTIMATED CONTRACT VALUE AROUND 2 BILLION RUPEES
Further company coverage: COCH.NS
(([email protected];))
Sept 17 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD- RECEIPT OF ORDER FOR DRY DOCK/ MAJOR LAY-UP REPAIRS OF A JACK UP RIG
COCHIN SHIPYARD- ESTIMATED CONTRACT VALUE AROUND 2 BILLION RUPEES
Further company coverage: COCH.NS
(([email protected];))
Cochin Shipyard June-Quarter Consol Net Profit 1.88 Billion Rupees
Aug 12 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD JUNE-QUARTER CONSOL NET PROFIT 1.88 BILLION RUPEES
COCHIN SHIPYARD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 10.69 BILLION RUPEES
Source text: [ID:]
Further company coverage: COCH.NS
(([email protected];))
Aug 12 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD JUNE-QUARTER CONSOL NET PROFIT 1.88 BILLION RUPEES
COCHIN SHIPYARD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 10.69 BILLION RUPEES
Source text: [ID:]
Further company coverage: COCH.NS
(([email protected];))
India's Cochin Shipyard rises after collaboration with Drydocks World
** Shares of Cochin Shipyard COCH.NS rise 3.5% to 1,573.40 rupees
** The ship building and repair co and Drydocks World advance collaboration to develop ship repair clusters in India
** COCH said partnership aims to bring global best practices to India's maritime sector and expand capacity
** Both cos aim to commence joint work at international ship repair facility in Kochi in Kerala state of India as a first step, with plans to expand collaboration across the country
** COCH up ~2% YTD
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Cochin Shipyard COCH.NS rise 3.5% to 1,573.40 rupees
** The ship building and repair co and Drydocks World advance collaboration to develop ship repair clusters in India
** COCH said partnership aims to bring global best practices to India's maritime sector and expand capacity
** Both cos aim to commence joint work at international ship repair facility in Kochi in Kerala state of India as a first step, with plans to expand collaboration across the country
** COCH up ~2% YTD
(Reporting by Vijay Malkar)
(([email protected];))
Cochin Shipyard And Drydocks World Advance Collaboration
May 12 (Reuters) - Cochin Shipyard Ltd COCH.NS:
CO, DRYDOCKS WORLD ADVANCE COLLABORATION TO DEVELOP SHIP REPAIR CLUSTERS IN INDIA
Further company coverage: COCH.NS
(([email protected];;))
May 12 (Reuters) - Cochin Shipyard Ltd COCH.NS:
CO, DRYDOCKS WORLD ADVANCE COLLABORATION TO DEVELOP SHIP REPAIR CLUSTERS IN INDIA
Further company coverage: COCH.NS
(([email protected];;))
Maersk, Cochin Shipyard Partner On Ship Repairs And Building In India
Feb 17 (Reuters) - AP Moeller - Maersk A/S MAERSKb.CO:
MAERSK AND COCHIN SHIPYARD PARTNER TO EXPLORE SHIP REPAIRS AND SHIPBUILDING ACTIVITIES IN INDIA
UNDER MOU, MAERSK WILL LEVERAGE ITS EXPERTISE AS AN OFF-TAKER IN ITS GLOBAL FLEET TO STRENGTHEN CSL'S CAPABILITIES
CO WILL PRIMARILY FOCUS ON CONTAINER SHIP MAINTENANCE, REPAIR, AND DRYDOCKING OPERATIONS
Further company coverage: [MAERSKb.CO]
(Gdansk Newsroom)
(([email protected]; +48 58 769 66 00;))
Feb 17 (Reuters) - AP Moeller - Maersk A/S MAERSKb.CO:
MAERSK AND COCHIN SHIPYARD PARTNER TO EXPLORE SHIP REPAIRS AND SHIPBUILDING ACTIVITIES IN INDIA
UNDER MOU, MAERSK WILL LEVERAGE ITS EXPERTISE AS AN OFF-TAKER IN ITS GLOBAL FLEET TO STRENGTHEN CSL'S CAPABILITIES
CO WILL PRIMARILY FOCUS ON CONTAINER SHIP MAINTENANCE, REPAIR, AND DRYDOCKING OPERATIONS
Further company coverage: [MAERSKb.CO]
(Gdansk Newsroom)
(([email protected]; +48 58 769 66 00;))
India's Cochin Shipyard falls on lower Q3 profit
** Shares of Cochin Shipyard COCH.NS fall 3% to 1,370 rupees
** The shipbuilder posted a ~28% year-on-year fall in Q3 consolidated net profit to 1.77 billion rupees ($20.2 million); rev from ops up 9% Y/Y
** Total expenses grew 23% during the quarter, taking a chunk off the rev, hurting profitability
** Stock has shed 11% so far in 2025
($1 = 87.4500 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Cochin Shipyard COCH.NS fall 3% to 1,370 rupees
** The shipbuilder posted a ~28% year-on-year fall in Q3 consolidated net profit to 1.77 billion rupees ($20.2 million); rev from ops up 9% Y/Y
** Total expenses grew 23% during the quarter, taking a chunk off the rev, hurting profitability
** Stock has shed 11% so far in 2025
($1 = 87.4500 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Cochin Shipyard Dec-Quarter Consol Net Profit 1.77 Billion Rupees
Feb 6 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD DIVIDEND OF 3.5 RUPEES PER SHARE
COCHIN SHIPYARD DEC-QUARTER CONSOL NET PROFIT 1.77 BILLION RUPEES
COCHIN SHIPYARD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 11.48 BILLION RUPEES
Source text: ID:nBSEbrJZmP
Further company coverage: COCH.NS
(([email protected];))
Feb 6 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD DIVIDEND OF 3.5 RUPEES PER SHARE
COCHIN SHIPYARD DEC-QUARTER CONSOL NET PROFIT 1.77 BILLION RUPEES
COCHIN SHIPYARD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 11.48 BILLION RUPEES
Source text: ID:nBSEbrJZmP
Further company coverage: COCH.NS
(([email protected];))
India's Cochin Shipyard jumps on 4.5 billion rupee order win
** Shares of Cochin Shipyard COCH.NS rise to exchange-allowed maximum of 5% to 1,539.05 rupees
** Adani Ports and Special Economic Zone APSE.NS says it has placed an order for 8 harbour tugs worth 4.5 billion rupees ($52.5 million) with COCH
** Harbour tug is a type of vessel that assists other ships and floating devices in ports, docks, and canals
** COCH stock is up 127.3% YTD, on track for third straight yearly gain
($1 = 85.7400 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Cochin Shipyard COCH.NS rise to exchange-allowed maximum of 5% to 1,539.05 rupees
** Adani Ports and Special Economic Zone APSE.NS says it has placed an order for 8 harbour tugs worth 4.5 billion rupees ($52.5 million) with COCH
** Harbour tug is a type of vessel that assists other ships and floating devices in ports, docks, and canals
** COCH stock is up 127.3% YTD, on track for third straight yearly gain
($1 = 85.7400 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
India's Cochin Shipyard rises after order win
** Shares of Cochin Shipyard COCH.NS rise by an exchange-allowed maximum of 5% to 1,656.15 rupees
** The ship building and ship repair co gets order estimated to be over 10 bln rupees ($118.2 mln) for short refit and dry docking of a naval vessel
** Trading vols at 478,523, 0.9x 30-day average
** COCH up ~145% YTD, set to gain for third straight year
($1 = 84.6200 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Cochin Shipyard COCH.NS rise by an exchange-allowed maximum of 5% to 1,656.15 rupees
** The ship building and ship repair co gets order estimated to be over 10 bln rupees ($118.2 mln) for short refit and dry docking of a naval vessel
** Trading vols at 478,523, 0.9x 30-day average
** COCH up ~145% YTD, set to gain for third straight year
($1 = 84.6200 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
India's Cochin Shipyard rises on signing agreement with Seatrium
** Shares of Cochin Shipyard COCH.NS rise as much as 4.5% to 1,358 rupees
** The shipbuilder signed memorandum of understanding with Seatrium Letourneau USA, a unit of Singapore-based shipbuilder Seatrium SEAT.SI, to develop jackup rig design for the Indian market
** The co did not reveal any financials
** COCH last up 3.2%, extending YTD gains to ~98%
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** Shares of Cochin Shipyard COCH.NS rise as much as 4.5% to 1,358 rupees
** The shipbuilder signed memorandum of understanding with Seatrium Letourneau USA, a unit of Singapore-based shipbuilder Seatrium SEAT.SI, to develop jackup rig design for the Indian market
** The co did not reveal any financials
** COCH last up 3.2%, extending YTD gains to ~98%
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
Cochin Shipyard Signs MoU With SLET
Nov 22 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - SIGNS MOU WITH SLET
COCHIN SHIPYARD - SIGNS MOU WITH SLET TO DEVELOP JACK-UP RIG DESIGN FOR INDIAN MARKET
Source text: ID:nBSEMSfNm
Further company coverage: COCH.NS
(([email protected];))
Nov 22 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - SIGNS MOU WITH SLET
COCHIN SHIPYARD - SIGNS MOU WITH SLET TO DEVELOP JACK-UP RIG DESIGN FOR INDIAN MARKET
Source text: ID:nBSEMSfNm
Further company coverage: COCH.NS
(([email protected];))
Cochin Shipyard To Consider Raising Of Funds Via Issuance Of Notes
Nov 4 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - TO CONSIDER RAISING OF FUNDS VIA ISSUANCE OF NOTES
COCHIN SHIPYARD - RAISING OF FUNDS TO FINANCE CO'S ELIGIBLE SUSTAINABLE PROJECTS
Source text: ID:nBSE9ypbFy
Further company coverage: COCH.NS
(([email protected];))
Nov 4 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD - TO CONSIDER RAISING OF FUNDS VIA ISSUANCE OF NOTES
COCHIN SHIPYARD - RAISING OF FUNDS TO FINANCE CO'S ELIGIBLE SUSTAINABLE PROJECTS
Source text: ID:nBSE9ypbFy
Further company coverage: COCH.NS
(([email protected];))
Cochin Shipyard Says India Government Sold 4.95% Stake In Co Via Offer For Sale
Oct 22 (Reuters) - Cochin Shipyard Ltd COCH.NS:
INDIA GOVERNMENT SOLD 4.95% STAKE IN CO VIA OFFER FOR SALE
Source text for Eikon: ID:nBSE58qhtR
Further company coverage: COCH.NS
(([email protected];;))
Oct 22 (Reuters) - Cochin Shipyard Ltd COCH.NS:
INDIA GOVERNMENT SOLD 4.95% STAKE IN CO VIA OFFER FOR SALE
Source text for Eikon: ID:nBSE58qhtR
Further company coverage: COCH.NS
(([email protected];;))
India's Cochin Shipyard falls after govt plans stake sale at discount
** Shares of Cochin Shipyard COCH.NS slump 3.4% to 1,615 rupees
** Indian government set to offload about 5% stake in the shipbuilding firm at an ~8% discount on last close
** The government held a 72.86% stake in COCH, as of June 30
** Stock up ~147% YTD as of last close, vs a 103% rise in rival Garden Reach Shipbuilders GRSE.NS YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Cochin Shipyard COCH.NS slump 3.4% to 1,615 rupees
** Indian government set to offload about 5% stake in the shipbuilding firm at an ~8% discount on last close
** The government held a 72.86% stake in COCH, as of June 30
** Stock up ~147% YTD as of last close, vs a 103% rise in rival Garden Reach Shipbuilders GRSE.NS YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Indian government to sell up to 5% stake in Cochin Shipyard
Oct 15 (Reuters) - The Indian government will offload a stake of about 5% in shipbuilder Cochin Shipyard COCH.NS, an exchange filing showed on Tuesday.
The floor price for the sale is 1,540 rupees, an 8% discount to the stock's Tuesday close, the filing showed. At this price, the stake is valued at 20.26 billion rupees ($241.2 million).
The base size of the offer will be 2.5%, amounting to about 6.6 million shares, with an option to sell an additional 2.5% stake.
The government has raised 31.61 billion rupees through divestments in the ongoing fiscal year, including 23.46 billion rupees from selling its stake in General Insurance Corporation of India GENA.NS, according to its website.
It has, however, not set a target for divestment for the year, a departure from its usual practice.
The sale of Cochin Shipyard's stake will open on Oct. 16 for non-retail investors and on Oct. 17 for retail investors.
The Indian government held 72.86% stake in Cochin Shipyard as of June 30, according to exchange data.
Cochin Shipyard makes ships including bulk carriers, passenger vessels and aircraft carriers, according to its website.
($1 = 84.0120 Indian rupees)
(Reporting by Varun Hebbalalu in Bengaluru; Editing by Varun H K)
(([email protected];))
Oct 15 (Reuters) - The Indian government will offload a stake of about 5% in shipbuilder Cochin Shipyard COCH.NS, an exchange filing showed on Tuesday.
The floor price for the sale is 1,540 rupees, an 8% discount to the stock's Tuesday close, the filing showed. At this price, the stake is valued at 20.26 billion rupees ($241.2 million).
The base size of the offer will be 2.5%, amounting to about 6.6 million shares, with an option to sell an additional 2.5% stake.
The government has raised 31.61 billion rupees through divestments in the ongoing fiscal year, including 23.46 billion rupees from selling its stake in General Insurance Corporation of India GENA.NS, according to its website.
It has, however, not set a target for divestment for the year, a departure from its usual practice.
The sale of Cochin Shipyard's stake will open on Oct. 16 for non-retail investors and on Oct. 17 for retail investors.
The Indian government held 72.86% stake in Cochin Shipyard as of June 30, according to exchange data.
Cochin Shipyard makes ships including bulk carriers, passenger vessels and aircraft carriers, according to its website.
($1 = 84.0120 Indian rupees)
(Reporting by Varun Hebbalalu in Bengaluru; Editing by Varun H K)
(([email protected];))
India's Cochin Shipyard rises after upbeat Q1 results
** Shares of Cochin Shipyard COCH.NS rise 3.8% to 2,400.8 rupees
** Shipbuilder's Q1 consol net profit jumped 77% y/y to 1.74 bln rupees ($20.7 mln) as a 62% surge in rev outweighed a 47% rise in expenses
** Rival Garden Reach Shipbuilders GRSE.NS down 1.6%
** YTD, COCH has surged 256%, set for best year since listing
($1 = 83.9000 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of Cochin Shipyard COCH.NS rise 3.8% to 2,400.8 rupees
** Shipbuilder's Q1 consol net profit jumped 77% y/y to 1.74 bln rupees ($20.7 mln) as a 62% surge in rev outweighed a 47% rise in expenses
** Rival Garden Reach Shipbuilders GRSE.NS down 1.6%
** YTD, COCH has surged 256%, set for best year since listing
($1 = 83.9000 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Cochin Shipyard June-Quarter Consol Net Profit 1.74 Billion Rupees
Aug 8 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD JUNE-QUARTER CONSOL NET PROFIT 1.74 BILLION RUPEES
COCHIN SHIPYARD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.71 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: COCH.NS
(([email protected];))
Aug 8 (Reuters) - Cochin Shipyard Ltd COCH.NS:
COCHIN SHIPYARD JUNE-QUARTER CONSOL NET PROFIT 1.74 BILLION RUPEES
COCHIN SHIPYARD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.71 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: COCH.NS
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CFF Fluid Control Gets LoI For 2.68 Billion Rupees
July 25 (Reuters) - CFF Fluid Control Ltd CFFF.BO:
CFF FLUID CONTROL LTD - RECEIVED LOI FOR 2.68 BILLION RUPEES
CFF FLUID CONTROL LTD - RECEIVED LOI FROM COCHIN SHIPYARD
Source text for Eikon: ID:nBSE5JtV9r
Further company coverage: CFFF.BO
(([email protected];))
July 25 (Reuters) - CFF Fluid Control Ltd CFFF.BO:
CFF FLUID CONTROL LTD - RECEIVED LOI FOR 2.68 BILLION RUPEES
CFF FLUID CONTROL LTD - RECEIVED LOI FROM COCHIN SHIPYARD
Source text for Eikon: ID:nBSE5JtV9r
Further company coverage: CFFF.BO
(([email protected];))
India's Cochin Shipyard hits record high on block deals
** Shares of Cochin Shipyard COCH.NS rise as much as 9.4% to a record high of 2,665 rupees
** 766,630 shares change hands in 23 block deals at an avg price of 2,567 rupees per share, per LSEG data
** The avg price of the deals is at a more than 5% premium to stock's Wednesday closing price
** More than 10.3 mln shares change hands, 1.4x its 30-day avg
** Stock has surged nearly four-fold so far this year
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Cochin Shipyard COCH.NS rise as much as 9.4% to a record high of 2,665 rupees
** 766,630 shares change hands in 23 block deals at an avg price of 2,567 rupees per share, per LSEG data
** The avg price of the deals is at a more than 5% premium to stock's Wednesday closing price
** More than 10.3 mln shares change hands, 1.4x its 30-day avg
** Stock has surged nearly four-fold so far this year
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
India's Cochin Shipyard up on bagging order from Norway's Wilson ASA
** Shares of Cochin Shipyard COCH.NS up as much as 4.3%, last up 1.8% to 2,256 rupees, its highest since Sept. 2023
** The shipbuilder gets order worth 11 bln rupees (~$132 mln) from Norway-based Wilson ASA PM1.F to build cargo vessels
** COCH's shares traded in nine blocks in 2269.1-2303.05 rupees range, per LSEG data
** Overall around 4.1 mln shares traded
** Including session's gains, stock up over 230% YTD
($1 = 83.4298 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Cochin Shipyard COCH.NS up as much as 4.3%, last up 1.8% to 2,256 rupees, its highest since Sept. 2023
** The shipbuilder gets order worth 11 bln rupees (~$132 mln) from Norway-based Wilson ASA PM1.F to build cargo vessels
** COCH's shares traded in nine blocks in 2269.1-2303.05 rupees range, per LSEG data
** Overall around 4.1 mln shares traded
** Including session's gains, stock up over 230% YTD
($1 = 83.4298 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
India's Cochin Shipyard hits record high on quarterly profit surge
** Shares of Cochin Shipyard COCH.NS jump as much as 9.8% to a record high of 2,100 rupees
** The ship builder on Friday reported an over sixfold jump in its March-quarter consolidated net profit to 2.59 bln rupees ($31.2 mln)
** Revenue from operations rose more than twofold to 12.86 bln rupees
** Co also recommended a final dividend of 2.25 rupees per share
** COCH on track for a third straight session of gains, if current trend holds
** More than 8.3 mln shares traded, 1.3x its 30-day avg
** Including session's gains, stock up 193% YTD, outpacing its peers Shipping Corp Of India SCI.NS, Garden Reach Shipbuilders & Engineers GRSE.NS and Mazagon Dock Shipbuilders MAZG.NS, which are up between 37% and 64%
($1 = 83.0650 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Cochin Shipyard COCH.NS jump as much as 9.8% to a record high of 2,100 rupees
** The ship builder on Friday reported an over sixfold jump in its March-quarter consolidated net profit to 2.59 bln rupees ($31.2 mln)
** Revenue from operations rose more than twofold to 12.86 bln rupees
** Co also recommended a final dividend of 2.25 rupees per share
** COCH on track for a third straight session of gains, if current trend holds
** More than 8.3 mln shares traded, 1.3x its 30-day avg
** Including session's gains, stock up 193% YTD, outpacing its peers Shipping Corp Of India SCI.NS, Garden Reach Shipbuilders & Engineers GRSE.NS and Mazagon Dock Shipbuilders MAZG.NS, which are up between 37% and 64%
($1 = 83.0650 Indian rupees)
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
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What does Cochin Shipyard do?
Cochin Shipyard is renowned for its shipbuilding and ship repair expertise. It also introduced new and innovative methods to develop some of the finest ships in the world. With a diverse array of services encompassing defence, commercial and offshore vessels, the Yard is capable of undertaking maintenance and repair of Aircraft Carriers, Bulk Carriers and Specialised Vessels including those used in the oil exploration industry. With a firm focus on delivering indigenous solutions and fortifying the country’s national security through the development of advanced defence ships, the company remains committed to building the future of India.
Who are the competitors of Cochin Shipyard?
Cochin Shipyard major competitors are Garden Reach Ship, Knowledge Marine & E, Mazagon Dock Ship. Market Cap of Cochin Shipyard is ₹33,069 Crs. While the median market cap of its peers are ₹23,711 Crs.
Is Cochin Shipyard financially stable compared to its competitors?
Cochin Shipyard seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Cochin Shipyard pay decent dividends?
The company seems to pay a good stable dividend. Cochin Shipyard latest dividend payout ratio is 31.0% and 3yr average dividend payout ratio is 45.71%
How has Cochin Shipyard allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory, Short Term Loans & Advances
How strong is Cochin Shipyard balance sheet?
Balance sheet of Cochin Shipyard is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Cochin Shipyard improving?
The profit is oscillating. The profit of Cochin Shipyard is ₹727 Crs for TTM, ₹827 Crs for Mar 2025 and ₹783 Crs for Mar 2024.
Is the debt of Cochin Shipyard increasing or decreasing?
Yes, The net debt of Cochin Shipyard is increasing. Latest net debt of Cochin Shipyard is -₹2,071.99 Crs as of Sep-25. This is greater than Mar-25 when it was -₹6,156.23 Crs.
Is Cochin Shipyard stock expensive?
Yes, Cochin Shipyard is expensive. Latest PE of Cochin Shipyard is 43.2, while 3 year average PE is 34.84. Also latest EV/EBITDA of Cochin Shipyard is 38.24 while 3yr average is 28.46.
Has the share price of Cochin Shipyard grown faster than its competition?
Cochin Shipyard has given lower returns compared to its competitors. Cochin Shipyard has grown at ~76.35% over the last 4yrs while peers have grown at a median rate of 105.75%
Is the promoter bullish about Cochin Shipyard?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Cochin Shipyard is 67.91% and last quarter promoter holding is 67.91%.
Are mutual funds buying/selling Cochin Shipyard?
The mutual fund holding of Cochin Shipyard is increasing. The current mutual fund holding in Cochin Shipyard is 2.47% while previous quarter holding is 2.42%.
