&w=3840&q=100)
Cochin Shipyard hits 7-mth high; up 26% in 1 week; what's behind the rally?
Cochin Shipyard share price today: Share price of Cochin Shipyard hit a seven-month high of ₹1,814.90, surging 7 per cent on the BSE in Thursday's intra-day trade in a subdued market amid heavy volumes. The stock price of the state-owned shipbuilding company is trading higher for the fifth straight day, zooming 26 per cent in one week. In comparison, the BSE Sensex was trading 0.1 per cent lower at 12:15 PM. The index gained 2 per cent in one week.
Cochin Shipyard stock price is trading at its highest level since September 24, 2024. It had hit a 52-week high of ₹ 2,977.10 on July 8, 2024.
The counter has seen huge trading volumes, with a combined 13.53 million equity shares representing 5 per cent of the total equity of Cochin Shipyard changing hands on the NSE and BSE.
What's behind the rally in Cochin Shipyard share?
The Central and State Governments are working with various stakeholders to promote shipbuilding and ship repair, in line with the Government of India's Maritime India Vision (MIV) 2030 and Maritime Amrit Kaal Vision (MAKV) 2047.
According to media reports, HD Hyundai & Cochin Shipyard is in talks for a ₹10,000-crore project.
On clarification on news reports on Wednesday, May 14, 2025, after market hours Cochin Shipyard said that the company is also evaluating strategic possibilities with multiple entities which are at various stages. However, at this stage, there is no material event/ information that requires disclosure, the company said.
Meanwhile, in February 2025, Cochin Shipyard has entered into a Memorandum of Understanding (MoU) with A.P. Moller – Maersk to explore collaboration opportunities in ship repair, maintenance, and shipbuilding in India.
This aligns with the Government of India's Vision 2047 maritime objectives and recent Union Budget 2025-26 announcements to position India among the top global maritime hubs. ALSO READ |
9MFY25 financial performance
For April to December period of the financial year 2024-25 (9MFY25), Cochin Shipyard's revenue is up 20.4 per cent year-on-year (YoY) to ₹3062.3 crore, as ship-repair revenue is up 45.7 per cent YoY while ship-building revenue is up 10.6 per cent YoY.
During 9MFY25, execution in the ship-building segment (66 per cent of total) has been moderated (revenue grew 11 per cent YoY) while the execution in ship-repair segment remained strong (revenue grew 46 per cent YoY). With strong order backlog (estimated at ₹22,000 crore; ~5x trailing twelve months revenue) and pick-up in execution, we expect revenue growth to remain healthy in the coming period.
ICICI Securities view on Cochin Shipyard
The company is well positioned to benefit from significant order inflows in both defence and commercial shipbuilding, supported by a strong pipeline. The Indian Navy's plans to acquire warships, including an estimated ₹40,000 crore aircraft carrier, presents a major opportunity for Cochin Shipyard.
Additionally, analysts believe that the government's strong focus on improving India's maritime infrastructure will create significant opportunities in commercial ship-building across cargo and passenger segments. The government aspires to position India among the world's top five shipbuilding nations (currently India's position stands at 22 with less than 1 per cent share in the global ship-building market). ALSO READ | Here's why KRN Heat Exchanger shares are buzzing in trade on May 15
Furthermore, talks have begun with leading shipbuilders from South Korea and Japan to promote collaboration and enhance production capabilities in India. Europe also plans to replace its 2,500 vessels with green vessels, creating substantial demand for exports. The ship repair sector also shows promise, bolstered by the company's capabilities and government support. Recently, the company signed a MoU with AP Moller – Maersk to enhance ship maintenance, explore repair, construction opportunities. However, currently, the stock is trading above the brokerage firm's target price of ₹1,700 per share.
About Cochin Shipyard
Cochin Shipyard is one of the leading shipyards in India, located in the southern state of Kerala. The company was founded in 1972 and is owned by the Government of India. The Company is primarily engaged in shipbuilding and ship repair, catering to both the domestic and international markets.
The company is a 'Miniratna', Schedule-'A', Category-I CPSE, which is also a public limited company incorporated and domiciled in India. As at March 31, 2025, the Government of India holds 67.91 per cent of the Company's equity share capital.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Indian Express
27 minutes ago
- Indian Express
Equity mutual fund inflows decline 22% to 13-month low of Rs 19,013.12 crore in May: AMFI data
Inflows into equity mutual funds declined 22 per cent on a month-on-month (m-o-m) basis to hit a 13-month low of Rs 19,013.12 crore in May compared to Rs 24,269.26 crore in April, the latest data from the Association of Mutual Funds in India (AMFI) showed. Helped by mark-to-market (MTM) gains, the net asset under management (AUM) of the mutual fund (MF) industry crossed over Rs 70 lakh crore for the first time, to touch Rs 72.19 lakh crore in May, as against Rs 69.99 lakh crore in April. Equity MF inflows in May During the reporting month, inflows through systematic investment plan (SIP) touched a record high of Rs 26,688 crore, with the number of contributing accounts rising to an all-time high of 8.56 crores. 'Equity inflows moderated to Rs 19,013 crore this month, reflecting cautious investor sentiment amidst market volatility. Such phases often witness a natural reallocation towards hybrid and arbitrage schemes, offering a more balanced approach during uncertain times,' said Venkat N Chalasani, chief executive, AMFI. The reduction in inflows into equity mutual fund schemes came despite the domestic markets remaining strong. The BSE's 30-share Sensex rose 1.5 per cent, while the broader Nifty climber 1.71 per cent in May. Within equities schemes, highest inflows were seen in flexi-cap funds at Rs 3,841.32 crore in May. However, inflows were lower compared to Rs 5,541.71 crore recorded in April. Small-, mid-, and large-cap MF inflows Small-cap fund inflows were down month-on-month to Rs 3,214.21 crore from Rs 3,999.95 crore in April. Inflows into mid-cap funds were Rs 2,808.68 crore, down from Rs 3,313.98 crore in the previous month. Large-cap funds saw a 53.19 per cent decline in net inflows at Rs 1,250.47 crore, compared to Rs 2,671.46 crore in April. Inflows into sector/thematic funds inched up to Rs 2,052.48 crore in May from Rs 2,000.95 crore in the previous month. Retail mutual fund folios (equity + hybrid + solution oriented schemes) stood at 18.84 crore in May 2025 as against 18.71 crore in April. Inflows into debt MFs and hybrid funds Debt mutual fund schemes saw outflows to the tune of Rs 15,908.48 crore in May, compared with inflows worth Rs 2.19 lakh crore in April. Outflows in the segment were majorly witnessed in liquid funds (Rs 40,205.36 crore) and overnight funds (Rs 8,120.03 crore). However, corporate bond funds saw inflows of Rs 11,983.35 crore, while money market funds recorded Rs 11,223.08 crore of flows on a net basis. Net inflows into hybrid funds stood at Rs 20,765.05 crore, compared to Rs 14,247.55 crore inflows in April. The gold exchange traded fund (ETF) schemes recorded inflows to the tune of Rs 291.91 crore in May. The number of new SIPs registered in may stood at 59.14 lakh and the SIP AUM stood at Rs 14.61 lakh crore.


Mint
34 minutes ago
- Mint
Direct stocks vs mutual funds vs smallcases vs assisted investing: What's your best path to equity wealth?
In 2001, BSE had about 2,127 listed companies. Fast forward to 2025, that number has swelled past 5,600+. More choices should mean more opportunity. Instead, it has created a paradox of choice. Finding the right company has become like finding a needle in a haystack. Mutual funds were born to solve this complexity. Investors could hand over their money to professionals and avoid the hard work of picking stocks individually. But success breeds competition. In 2006, there were ~592 mutual fund schemes; today, there are 1,700+. The problem simply shifted from picking the right stock to picking the right fund. Smallcases arrived in 2016, curated stock baskets, and were investable in one click. But as they grew popular, they multiplied. Now, 500+ Smallcase baskets by 200+ RIAs. The best way to answer: What can go wrong? We can assure that you can't make the right decision by simply doing a textbook analysis, looking at past returns, or studying risk-return graphs. When you pick stocks directly yourself, three truths surface. It consumes time. Between balance sheets, market news, and earnings calls, stock picking demands more hours than most day jobs. The learning curve is steep. Markets are brutal teachers, and it takes decades of consistent study, mistakes, and refinement. The return on effort is often underwhelming. Spend months researching and invest ₹ 1 lakh, an index fund may return 12%, while beating it with 15% usually happens only in easy bull markets, rarely in tough ones. Is the extra ₹ 3,000 worth hundreds of hours? Probably not. The harsh truth is that direct investing rarely justifies the effort with small direct investing feels complex, mutual funds seem like the opposite: simple, efficient, and professionally managed. But here's the reality: it's investors who control the timing. When markets crash, retail investors panic and redeem, while fund managers are forced to sell at low prices. During the COVID-19 crash, Parag Parikh Flexi Cap Fund's (formerly known as long-term equity fund) AUM fell from ₹ 2,794 Cr. to ₹ 2,448 Cr. in just March 2020, because investors panicked and pulled money out. At the same time, regulations mandate staying 70–80% invested in equity, even when markets are at their peak. Fund managers are compelled to buy at overvalued levels, and your returns depend not just on the market but also on the behaviour of other investors. There's another hidden flaw: lack of transparency. You don't see the thinking behind a portfolio. Fund managers don't disclose why they picked a stock or how their thesis evolves. You invest, but you don't learn from them. For curious investors, it's a frustrating black box. Now, let's turn to Smallcases, a newer innovation in equity investing. Many ask,"Why isn't Finology available as a Smallcase?"Fair question. We were among the earliest publishers and tried it for a few months. Smallcases offers curated baskets you can buy with one click, but there were limitations we couldn't ignore. When we recommend stocks in Finology 30, our research guides investors with a"Max Buy Price." If a stock we recommended at ₹ 100 moves to ₹ 180 and our research reveals it's overvalued, we advise new investors to wait. Existing investors should hold, not exit. Source: Finology Research Desk Smallcase doesn't allow this. Either the stock stays and everyone buys at inflated prices, or we rebalance and force out existing investors, too. It's a binary choice: Buy or Sell. There's another problem: frictionlessness. Smallcase makes trading effortless, with one click to rebalance. Sounds convenient, but easy trading fuels impulse. The brokerage earns, the government collects taxes, and the investor loses. Inconvenience protects you from bad decisions. Without it, Smallcases risk turning disciplined investors into frequent traders. Assisted investing via model portfolios, research reports, or advisors offers a blend of tailored advice, professional insights, and personal control. But trust and transparency are the main challenges. The market is flooded with unregistered advisors masquerading as SEBI-registered, promising 50% returns with manipulated track records & testimonials. Real advisors admit markets are uncertain, consistent outperformance is rare, and patience beats prediction. The good news: Platforms like smallcase filter out fraudsters, allowing only SEBI-registered entities. With a credible advisor, assisted investing opens a new world of direct access to research, deeper control over your portfolio, and freedom to adjust allocations. Don't like a stock? Skip it. Conviction high? Increase it. It's a middle ground between mutual funds and DIY investing. You have three broad paths to choose from: DIY — direct stock picking — direct stock picking Managed — mutual funds or Smallcases — mutual funds or Smallcases Assisted investing — guided research and advisory services. If you can invest 2–4 hours a week, DIY is the best long-term strategy because it guarantees competitive returns with zero fees. Early on, you might underperform mutual funds, but you will get something more valuable: superior instinct. Reading annual reports and studying industry changes, and how macroeconomic events affect companies. If you're too busy with work, family, or health, mutual funds are your best bet for professional management, SIP automation, and peace of mind. Smallcases offer curated portfolios without the heavy lifting like in DIY, though flexibility is limited, and here also, you don't get to learn anything. Assisted investing sits slightly higher on the control-insight ladder. You get research reports and understand why a stock is picked, not just which one. You learn, adjust, and gradually sharpen your instincts. Of course, there's a cost. If the advisory fee is ₹ 12,000 and you're investing ₹ 1 lakh, that's a steep 12%. Assisted investing can be a backdoor to DIY. You start with expert guidance, and over time, as you follow research and manage allocations, you find yourself ready to go fully independent to manage significant capital that financial rewards meaningfully in the longer term. It's the bridge that transitions you from a passive investor to an active stock market participant. Finology is a SEBI-registered investment advisor firm with registration number: INA000012218. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.


Business Standard
an hour ago
- Business Standard
Pound slips to 1-week low after disappointing UK jobs report; GBPINR down half a percent
The British pound is seen weighed down on Tuesday following disappointing UK jobs data in addition to rebound in dollar overseas. Job growth is slowing in the UK and the unemployment rate rose to a new cyclical high of 4.6%, the highest since July 2021. Average weekly earnings were slowed to 5.3% in the three-month year-over-year in April, though excluding bonuses, slowed to 5.2% from 5.5%. This is seen adding case for a rate cut for the Bank of England. Meanwhile, US dollar index is seen elevated and hovering around 99 mark amid ongoing trade talks between US and China in London and ahead of US CPI report. Meanwhile, for the pound, upcoming monthly GDP data and the governments spending review will be keenly watched. Currently, GBPUSD pair is quoting at $1.3499, down half a percent on the day. On the NSE, GBPINR is down 0.53% at 115.65.