India's Cochin Shipyard gains on 2-billion-rupee order win

Cochin Shipyard

18/09/2025 05:06

** 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)

 ((aleefjahan.cs@thomsonreuters.com))