Cochin Shipyard shares crash nearly 9% - Is it opportunity to buy? Should you take fresh entry? Expert suggests this
New Delhi, Sept. 11 -- Cochin Shipyard share price today: Shares of Cochin Shipyard Limited, tanked nearly 9% during Friday's trading session after the Miniratna PSU announced its financial year 2026-27 growth guidance. The state-owned shipbuilder has guided for its revenue growth in financial year 2027 to be 12%, whereas its blended EBITDA margin is likely to stabilise at around 14%.
Cochin Shipyard's turnover stood at Rs.1,094.21 crore in June quarter of FY27 against Rs.1,068.50 crore in the previous quarter.
The defence stock has declined 14.38% in 2026 so far, and the recent decline has experienced a major technical breakdown, highlighted Virat Jagad Sr. Technical Research Analyst at Bonanza, suggesting investors to avoid fresh entr...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.