India's Cochin Shipyard up on bagging order from Norway's Wilson ASA

Cochin Shipyard

01/07/2024 10:12

** Shares of Cochin Shipyard  COCH.NS  up as much as 4.3%,
last up 1.8% to 2,256 rupees, its highest since Sept. 2023 
    ** The shipbuilder gets order worth 11 bln rupees (~$132
mln) from Norway-based Wilson ASA  PM1.F  to build cargo vessels
    ** COCH's shares traded in nine blocks in 2269.1-2303.05
rupees range, per LSEG data 
    ** Overall around 4.1 mln shares traded
    ** Including session's gains, stock up over 230% YTD
  
 ($1 = 83.4298 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))