Markets

Cochin Shipyard Shares Jump 7% After Rs 5,000 Crore Order

February 17, 2026

Cochin Shipyard's shares surged over 7% after the company was awarded a ₹5,000 crore contract to build five Next Generation Survey Vessels for the Indian Navy. This rise follows a series of losses and was bolstered by significantly increased trading volumes.

Cochin Shipyard Shares Jump 7% After Rs 5,000 Crore Order

Credit: Livemint

Key Highlights

Cochin Shipyard shares rose by 7.27% to ₹1,575.00.
The company was declared L1 bidder for a ₹5,000 crore contract by the Ministry of Defence.
The share price increase followed four consecutive sessions of losses.
Trading volume reached approximately 22 lakh shares, well above average volumes.
The contract is for the construction of five Next Generation Survey Vessels for the Indian Navy.

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This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Cochin Shipyard Shares Jump 7% After Rs 5,000 Crore Order

Key Highlights

Sources

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