Cochin Shipyard shines on reporting 47% rise in Q2 net profit

31 Oct 2018 Evaluate

Cochin Shipyard is currently trading at Rs. 390.15, up by 9.00 points or 2.36% from its previous closing of Rs. 381.15 on the BSE.

The scrip opened at Rs. 381.15 and has touched a high and low of Rs. 408.10 and Rs. 375.65 respectively. So far 55705 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 598.90 on 24-Nov-2017 and a 52 week low of Rs. 356.00 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 408.10 and Rs. 375.65 respectively. The current market cap of the company is Rs. 5164.89 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 13.54% and 11.46% respectively.

Cochin Shipyard has reported 47.33% rise in its net profit at Rs 147.64 crore for the quarter ended September 30, 2018 as compared to Rs 100.21 crore for the same quarter in the previous year. Total income of the company increased by 31.90% at Rs 855.22 crore for Q2FY19 as compared Rs 648.40 crore for the corresponding quarter previous year.

Cochin Shipyard is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India. The company caters to clients engaged in India’s defence segment and global commercial shipping sector.

Cochin Shipyard Share Price

1483.00 -19.40 (-1.29%)
05-Nov-2024 09:09 View Price Chart
Peers
Company Name CMP
Mazagon Dock Ship 4049.50
Cochin Shipyard 1483.00
VMS Industries 50.00
Knowledge Marine & E 1841.05
Laxmipati Engineerin 226.60
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