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
After recording double-digit gains last week, defence stocks rallied up to 19% on Tuesday morning with Paras Defence and GRSE topping the list. The shares of Paras Defence zoomed 19% to hit a fresh 52-week high of Rs 1,373.80 on BSE amid a block deal of 3.29 lakh shares, while PSU defence stock GRSE was … Read more
Shares of defence stocks crashed 11% on BSE today as early counting trends showed that the ruling NDA may get lower than expected seats in the Lok Sabha elections. Shares of Mazagon Dock fell a little over 11% to day’s low of Rs 2,898.25 while Bharat Dynamics and BEL shares fell by 9.8% to their … Read more
Shares of state-run Cochin Shipyard surged 10% to hit a new record high of Rs 2100 in Monday’s trade on BSE after the company reported multi-fold growth in its consolidated net profit to Rs 258.88 crore for the March 2024 quarter on account of higher income. It had clocked Rs 39.33 crore profit in the … Read more
Shares of shipping companies jumped nearly 12% on Wednesday led by Mazagon Dock Shipbuilders which hit the day’s high of Rs 2,225.25 on the NSE. The other top gainers include Garden Reach Shipbuilders & Engineers, Cochin Shipyard, Shipping Corporation of India (SCI), and the Great Eastern Shipping Company which gained between 10% and 3%. Cochin … Read more
