India's Cochin Shipyard jumps on 4.5 billion rupee order win

Cochin Shipyard

27/12/2024 08:01

** Shares of Cochin Shipyard  COCH.NS  rise to
exchange-allowed maximum of 5% to 1,539.05 rupees
    ** Adani Ports and Special Economic Zone  APSE.NS  says it
has placed an order for 8 harbour tugs worth 4.5 billion rupees 
($52.5 million) with COCH
    ** Harbour tug is a type of vessel that assists other ships
and floating devices in ports, docks, and canals
    ** COCH stock is up 127.3% YTD, on track for third straight
yearly gain


($1 = 85.7400 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))