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Cochin Shipyard shares surge on sector growth and contract wins
Cochin Shipyard shares rose sharply as robust sector demand, government support and a new international shipbuilding contract bolstered market confidence in future order flow.
Cochin Shipyard’s shares jumped over 7% as investor focus intensified on the shipbuilder amid expectations of strong demand in India’s expanding maritime sector. Heavy government capex and strategic investment programmes in naval and coastal shipping support growth prospects. The yard also secured an international contract for four electric harbour tugs and maintains an order book above ₹200 billion, underpinning revenue visibility.