Cochin Shipyard Share Price: The defence PSU stock has been in action for the past couple of days and has surged over 38 per cent in one week.
Cochin Shipyard Share Price: Shares of state-owned Cochin Shipyard are in action today, i.e. on May 16, 2025, after the company reported a 10.93 per cent increase in its consolidated net profit in the fourth quarter of the financial year 2024-25. The stock started the session at Rs 1,858 with a gain of 2.52 per cent from the previous close of Rs 1,812.30 on the BSE. It further added Rs 242.70 to touch the intraday high of Rs 2,055. This is a gain of 13.99 per cent from the previous close. Last seen, it held firmly in green and was trading at Rs 2,042.20.
The defence PSU stock has been in action for the past couple of days and has surged over 38 per cent in one week.
On technical parameters, the counter is trading higher than 5-day, 20-day, 50-day, 100-day and 200-day moving averages.
Cochin Shipyard Share Price History
The PSU stock has given a multibagger return of 642 per cent in two years and 1,201 per cent in three years. It has made investors richer by 1,548 per cent in five years.
Cochin Shipyard Quarterly Results
The PSU has reported a 10.93 per cent increase in consolidated net profit in the March 2025 quarter on account of higher income. The net profit increased to Rs 287.18 crore from Rs 258.88 crore in the same quarter a year ago.
The company’s total income rose to Rs 1,914.79 crore, from Rs 1,366.16 crore in January-March FY24.
Cochin Shipyard Dividend Amount
The board of directors of the company has recommended an interim dividend of Rs 2.25 per equity share with a face value of Rs 5. Earlier to this, the company had announced an interim dividend of Rs 3.50 per equity share of face value of Rs 5 recommended on February 06, 2025 and Rs 4 per equity share on November 07, 2024.
(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)