India's Cochin Shipyard hits record high on block deals at premium

Cochin Shipyard

23/04/2024 10:18

** Shares of shipbuilder Cochin Shipyard  COCH.NS  up 12% to
a record 1,233.50 rupees
    ** More than 320,000 shares change hands in six separate
block deals at between 1,140-1,224.25 rupees/share - LSEG
    ** Deals at 3%-11% premium to COCH's Monday closing price
    ** Stock on track for third straight session of gain
    ** Trading volume tops 13 mln shares, 3.2x the 30-day
average
    ** Stock up ~82% YTD

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))