Cochin Shipyard shares are also in focus as the company will begin trading on an ex-dividend basis from Monday for a dividend of Rs 2.25 per share, declared earlier this month. Today is the last day to purchase shares to qualify for this dividend. The shares have advanced by an impressive 246% over the last … Read more
Shipping stocks gained up to 13% on the NSE on Friday, with Mazagon Dock Shipbuilders and Cochin Shipyard leading the pack, followed by Shipping Corporation of India (SCI), Great Eastern Shipping Company, and Garden Reach Ship Builders & Engines, which gained 6.27% and 3.19% in the opening trade. Shares of state-owned Mazagon Dock hit their … Read more
Defence PSU stocks GRSE and Cochin Shipyard rallied over 40% in the last three days of trade on BSE as both firms reported strong June quarter results. Shares of GRSE, a warship maker, jumped over 42% in the last three sessions. Meanwhile, in Thursday’s trade, the stock advanced over 7% and hit a new 52-week … Read more