Cochin Shipyard shares crash 8% today; Here's the reason why
India, May 18 -- The shares of Mid-Cap stock specialising in heavy-duty shipbuilding, ship repair, and offshore engineering, operating as a leading Government of India enterprise, are in focus in the day's trade as they have crashed upto following their mixed Q4 results and Brokerage views.
With a market capitalization of Rs. 39,033.30 crores in the day's trade, the shares of Cochin Shipyard Ltd declined upto 7.5 percent, making a low of Rs. 1,475.00 per share compared to its previous closing price of Rs. 1,595.15 per share.
What happened
Cochin Shipyard Ltd, engaged in heavy-duty shipbuilding, ship repair, and offshore engineering, operates as a leading Government of India enterprise, is in focus following their mixed Q4 results.
Its ...
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