The shares of Cochin Shipyard surged 5% and reached the upper circuit at Rs 1,539.05 following the placement of an order for eight harbour tugs worth Rs 450 crore by Adani Ports and SEZ. Still, the stock is 94% below its peak of Rs 2,979.45. Adani Ports’ shares, which were the biggest losers in the […]
On Friday, November 22, Cochin Shipyard said that it and Seatrium Letourneau USA, Inc. (SLET) had signed a memorandum of understanding (MoU) for the design and essential equipment of jack-up rigs for the Indian market. According to the company, the cooperation intends to take advantage of chances for mobile offshore drilling units made to satisfy
Cochin Shipyard shares in focus on signing MoU with Seatrium Letourneau USA Read More »
The Offer for Sale (OFS) to sell a 5% stake in Cochin Shipyard Ltd. has been launched by the Narendra Modi administration, with a minimum share price of ₹1,540. The OFS is slated to open for non-retail investors on October 16, 2024, and for retail investors on October 17. The OFS offers a base offer
Central govt to offload 5% stake in Cochin Shipyard via OFS at ₹1,540 per share Read More »
