Cochin Shipyard hits a 52-week high after shipbuilder reports good Q3 numbers
The company's consolidated profit increased by 2.2 times while its revenue from operations soared by 65 per cent Year-on-Year (YoY) as the company reported its third quarter results on Tuesday post market hours. The company declared a second interim dividend of Rs. 3.50 per equity share of Rs. 5/- each fully paid-up (70%) for the financial year 2023-24.
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Cochin Shipyard share Price: Cochin Shipyard hits a 52-week high of Rs 944.65 on BSE on Wednesday after the shipbuilder firm reported good December quarter results.
The stock of the company was trading higher by 3.18 per cent, or Rs 27.90, at Rs 905.60 on Wednesday.
The company's consolidated profit increased by 2.2 times while its revenue from operations soared by 65 per cent Year-on-Year (YoY) as the company reported its third quarter results on Tuesday post market hours.
The company declared a second interim dividend of Rs. 3.50 per equity share of Rs. 5/- each fully paid-up (70%) for the financial year 2023-24. The record date for the interim dividend has been fixed as February 12, 2024, Monday.
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