Cochin Shipyard Rises 1.81% After It Bags Mega Order Worth Over ₹2,000 Crore from European Client

Kochi, October 14: Cochin Shipyard Limited’s share price is witnessing positive investor demand today, after the company announced that it has secured a significant order exceeding ₹2,000 crore from a leading European client. 14. As of 2:45 PM, the shares were up by 1.81%, or 31.90 points, and were trading at ₹1,792. Until now, the shares have traded within a range of ₹1,807 and ₹1,763.40. The traded volume was 11.79 lakh shares, with the company’s market cap at ₹46,305 crore. The shares have their 52-week high at ₹2,545 and their 52-week low at ₹1,180.20.

Cochin Shipyard Limited is an Indian company that is the largest shipbuilding and maintenance company in India. It is a Miniratna company under the Ministry of Ports, Shipping and Waterways, Government of India. The company was established in 1972 and is headquartered in Kochi, Kerala. The shares of the company are listed on NSE with the ticker symbol COCHINSHIP and on BSE with the code 540678.

Order Worth Over ₹2,000 Crore from European Client

The rise in the share price comes after the company announced that it has secured a significant order exceeding ₹2,000 crore from a leading European client. The order is for the design and construction of six LNG-fuelled feeder container vessels, each with a capacity of about 1,700 TEU. As per the company, it signed a Letter of Intent (LOI) on October 14 for the order. This marks a new milestone for the company and improves its international shipbuilding portfolio.

The order will contribute extensively to the order book of the company and will provide revenue transparency to the company. The company can leverage this significant order to increase its potential for new orders in the future.

REF: https://nsearchives.nseindia.com/corporate/Aswi4739_14102025125535_SE_Intimation.pdf

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