India's Cochin Shipyard hits record high on block deals

Cochin Shipyard

04/07/2024 09:04

** Shares of Cochin Shipyard  COCH.NS  rise as much as 9.4%
to a record high of 2,665 rupees    
    ** 766,630 shares change hands in 23 block deals at an avg
price of 2,567 rupees per share, per LSEG data
    ** The avg price of the deals is at a more than 5% premium
to stock's Wednesday closing price
    ** More than 10.3 mln shares change hands, 1.4x its 30-day
avg
    ** Stock has surged nearly four-fold so far this year

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))