Cochin Shipyard Ltd

(COCHINSHIP)

Cochin Shipyard Faces Short-Term Decline but Analysts Remain Optimistic - 11 Nov, 2024

Cochin Shipyard shares fell 8% post-Q2 results, despite exceeding revenue estimates. Analysts maintain a hold rating, projecting a 15% upside with a price target of ₹1,627, citing a solid order book and expected growth.

Cochin Shipyard Faces Significant Stock Decline - 09 Nov, 2024

Cochin Shipyard's stock has dropped over 50% from its peak, despite strong government orders and revenue growth. Analysts view this correction as a potential buying opportunity.

Cochin Shipyard Faces Decline Amid Earnings Concerns - 08 Nov, 2024

Cochin Shipyard's Q2 results show a 4% increase in net profit but a 5% drop in shares due to declining margins and uncertain order pipeline. Kotak maintains a sell rating, citing concerns over future profitability.

Cochin Shipyard Reports Strong Q2 Earnings and Dividend - 07 Nov, 2024

Cochin Shipyard announced a 4% YoY increase in net profit to ₹189 crore for Q2 FY25, alongside a ₹4 interim dividend per share. Revenue rose 13% to ₹1,143 crore, reflecting robust financial performance.

President Sells Stake Amidst Share Price Decline - 06 Nov, 2024

The President of India sold a 4.95% stake in Cochin Shipyard, coinciding with a significant drop in share prices, affecting retail investors. The company plans to discuss financial results and potential interim dividends in an upcoming board meeting.

Cochin Shipyard Stake Sale and Stock Performance - 05 Nov, 2024

The President of India sold a 4.95% stake in Cochin Shipyard, which plans to discuss interim dividends and financial results. The stock closed at Rs 1500, down slightly, having corrected significantly over three months but showing strong year-to-date gains.

Cochin Shipyard to Construct New Ro-Ro Vessel - 24 Oct, 2024

A meeting discussed operational gaps in ro-ro ferries on the Vypeen-Fort Kochi route. KSINC and Cochin Shipyard are urged to repair Sethusagar-2 and finalize an agreement for a new vessel's construction within a year.

Cochin Shipyard Shares Plummet Over 50% from Peak - 23 Oct, 2024

Cochin Shipyard shares have fallen over 50% from their July peak, hitting a lower circuit for the second consecutive day. The stock is now in oversold territory, with an RSI of 26. Analysts suggest buying near ₹1,300 levels, despite the stock being down 53% from its record high of ₹2,979. The stock remains up 106% year-to-date.

Cochin Shipyard Shares Plummet Amid Growth Concerns - 22 Oct, 2024

Cochin Shipyard's shares, along with other shipbuilding companies, experienced significant declines, falling up to 10% on the BSE due to growth concerns, with CSL locked at a 5% lower circuit.

Cochin Shipyard Sees Increased Retail Interest Despite Share Price Drop - 21 Oct, 2024

Cochin Shipyard shares have fallen over 40% since July, yet retail shareholders have surged from 6.17 lakh to 8.22 lakh. Domestic funds increased their stake, while FPIs reduced theirs. The government recently completed an Offer for Sale.

Cochin Shipyard Secures Major Contract and Strong OFS Response - 18 Oct, 2024

Cochin Shipyard's Offer for Sale saw enthusiastic participation from retail and institutional investors, while the company secured a ₹9,805 crore contract from the Defence Ministry for six NGMVs, set for delivery in 2027.

Cochin Shipyard Faces Stake Sale Impact Amid Growth Prospects - 17 Oct, 2024

Cochin Shipyard's stock faced pressure from a government stake sale, causing a 5% drop. However, strong growth potential remains, supported by new orders and partnerships with GE Aerospace.

Cochin Shipyard Faces Decline Amid OFS Announcement - 16 Oct, 2024

Cochin Shipyard shares experienced a decline as the government announced a 5% stake divestment through an Offer for Sale (OFS) at ₹1,540 per share. The stock fell nearly 5% on the opening day of the OFS, reflecting investor concerns over the sale. Despite the recent drop, the stock has shown significant returns over the past year.

Cochin Shipyard Stake Sale and Strong Earnings Report - 15 Oct, 2024

The Indian government plans to divest a 5% stake in Cochin Shipyard at ₹1,540 per share. The company reported a 76.5% YoY net profit increase to ₹174.2 crore for Q1FY25, reflecting strong operational growth.