India's Cochin Shipyard rises after order win

Cochin Shipyard

02/12/2024 04:50

** Shares of Cochin Shipyard  COCH.NS  rise by an
exchange-allowed maximum of 5% to 1,656.15 rupees
    ** The ship building and ship repair co gets order estimated
to be over 10 bln rupees ($118.2 mln) for short refit and dry
docking of a naval vessel
    ** Trading vols at 478,523, 0.9x 30-day average    
    ** COCH up ~145% YTD, set to gain for third straight year

($1 = 84.6200 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))