Cochin Shipyard is currently trading at its upper limit of Rs. 1532.10, up by 72.95 points or 5.00% from its previous closing of Rs. 1459.15 on the BSE.
The scrip opened at Rs. 1470.00 and has touched a high and low of Rs. 1532.10 and Rs. 1445.00 respectively. So far 14242 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 2977.10 on 08-Jul-2024 and a 52 week low of Rs. 613.03 on 08-Jan-2024.
Last one week high and low of the scrip stood at Rs. 1542.00 and Rs. 1445.00 respectively. The current market cap of the company is Rs. 40306.61 crore.
The promoters holding in the company stood at 72.86%, while Institutions and Non-Institutions held 6.84% and 20.30% respectively.
Cochin Shipyard’s (CSL) wholly owned subsidiary -- Udupi Cochin Shipyard (UCSL) has bagged a Significant order from Ocean Sparkle, an Adani Group Company, for the construction of eight ASD (Azimuthing Stern Drive) Tugs of 70 T Bollard Pull Power. This is in addition to the 3 nos of the 70 T Bollard Pull Tugs already under construction at Udupi-CSL for Ocean Sparkle, totalling 11 Tug order on Udupi-CSL.
The 70 Tonne Bollard Pull Tugs have a Length of 33 m, Beam of 12.2 m and Draft of 4.2 m. The vessels will be propelled by 2-Main Engines of 1838 kW and 2.7m Propellers from Niigata IHI Power Systems Co., Deck Equipment from W-Rig Limited. These tugs will be built to the designs of Robert Allan, world’s leading design house for harbour tugs.
The tugs are built to the Approved Standard Tug Design and Specifications (ASTDS) promulgated by Government of India, for promoting Atma Nirbhar Bharath initiatives. Udupi-CSL has been piloting the initial projects under this scheme. Udupi-CSL has already delivered 2 x 62 T Bollard Pull Tugs for Ocean Sparkle in 2023 and 2 x 70 T Bollard Pull Tugs for Polestar Maritime in 2024.
Cochin Shipyard is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India.
Company Name | CMP |
---|---|
Mazagon Dock Ship | 2308.70 |
Cochin Shipyard | 1532.10 |
VMS Industries | 40.63 |
Knowledge Marine & E | 2338.90 |
Laxmipati Engineerin | 240.15 |
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