🚢 Cochin Shipyard Share Price Update 📈
In the past year, Cochin Shipyard’s share price has surged, with a 298% increase. On Friday, the company’s share rose by 0.59% to close at ₹901.65. The share is near its 52-week high.
Multi-bagger stock alert! The price of Cochin Shipyard’s share has increased by 39% in the last three months. Investors who have held onto this stock for six months have earned a whopping 80% profit. Is it a good time to invest in Cochin Shipyard’s shares? Let’s hear from the experts…
Domestic brokerage firm ICICI Securities has given Cochin Shipyard a Buy rating with a target price of ₹1,055. The brokerage has cited two reasons for setting this target price ★the company’s shipbuilding and ship repair capabilities, and its large order book.
On Wednesday (March 27, 2024), the share was trading at ₹890 with a 0.42% decrease. The company recently underwent a stock split. On January 10, 2024, the company split its shares on the BSE. Additionally, on February 12, the company issued its final ex-dividend transaction in the stock market, giving a dividend of ₹3.50 per share.
The company’s 52-week range is from ₹944.65 to ₹205 per share. Cochin Shipyard has a market capitalization of ₹23,720.68 crores.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
