India's Cochin Shipyard hits record high on strong Q1 profit

Cochin Shipyard

16/08/2023 09:59

** Shares of ship-builder Cochin Shipyard  COCH.NS  rise as
much as 19.5% to hit a record high of 822 rupees
    ** Kerala-based co on Friday reported Q1 profit that more
than doubled 
    ** COCH shares up ~ 23% in two sessions posts results
    ** About 19.7 mln shares change hands, 6.6x 30-day avg
    ** Including session's gains, stock up ~50% YTD

 (Reporting by Sethuraman NR in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))