Cochin Shipyard Ltd.

NSE: COCHINSHIP | BSE: 540678 | ISIN: INE704P01025 | Industry: Marine Port & Services
| Expensive Performer
1449.8000 3.10 (0.21%)
NSE Apr 17, 2025 15:31 PM
Volume: 888.6K
 

1449.80
0.21%
ICICI Securities Limited
Cochin Shipyard (CSL) registered a substandard performance in Q1FY21 as production was halted till May 5. After this, production started on a reduced time scale for a significant period of the quarter affecting overall performance. Revenue for the quarter was at | 332.5 crore, down 55% YoY. Shipbuilding (SB) revenue fell 47.5% YoY to | 316.1 crore while shiprepair (SR) segment contracted 87.7% YoY to | 16.35 crore in the quarter. On a segmental profitability front, SB reported EBIT of | 62.5 crore whereas SR clocked an EBIT (loss) of | 8.9 crore. SB, SR segments contributed 95.1%,...
Cochin Shipyard Ltd. is trading above its 100 day SMA of 1440.1
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