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The Economic Times

Keel laid for India's largest dredger at Cochin Shipyard

Cochin Shipyard Limited has laid the keel for India's largest dredger, DCI Dredge Godavari, with a hopper capacity of 12,000 cubic meters. Built in collaboration with Royal IHC, Netherlands, this advanced vessel will enhance the capabilities of the Dredging Corporation of India and support the growth of coastal and inland shipping markets.

Mint

BHEL, Cochin Shipyard, BEL, other ‘narrative stocks’ completely disconnected from fundamentals, says Kotak Equities

Narrative stocks are still completely disconnected from fundamentals and their real values are 10% - 50% of their prevailing market capitalisations, Kotak Institutional Equities said.

Mint

Bharat Electronics secures ₹1,155-crore orders as indigenous defence production surges

Bharat Electronics gets orders worth ₹1,155 crore, including ₹850 crore for a multi-function radar from Cochin Shipyard and ₹305 crore for various naval systems.

Business Line

BEL secures orders worth ₹1,155 cr

The Bengaluru-based PSU received an ₹850 crore order from Cochin Shipyard Ltd

Business Standard

BEL secures order for indigenous radar worth Rs 850 cr from Cochin Shipyard

Navratna Defence PSU Bharat Electronics Limited has secured an order worth Rs 850 crore from Cochin Shipyard Limited for the supply of indigenous Multi-Function Radar in X Band on Wednesday. The fully indigenous radar, designed by DRDO and manufactured by Bharat Electronics Limited (BEL), is capable of detecting, acquiring and tracking airborne targets to provide protection for naval ships, according to a press release. T D Nandakumar, General Manager (ADSN), BEL, received the order from Sreejith, Director (Operations), Cochin Shipyard Limited (CSL), in the presence of K V Suresh Kumar, Director (Marketing), BEL, V J Jose, Director (Finance), CSL, and Prabha Goyal, Executive Director (National Marketing), BEL.

Business Standard

BEL rises on bagging orders worth Rs 1,155 cr

Bharat Electronics (BEL) added 1.22% to Rs 289.30 after the aerospace & defense firm received two orders from Cochin Shipyard aggregating to Rs 1,155 crore.

Mint

HAL, Mazagon, Cochin Shipyard, BDL, GRSE: Defence PSU shares surge after DAC's ₹1.45 trillion capital allocation

Defence Stocks: The recent surge in capital allocation by the union government has ignited a wave of optimism, propelling defence PSU stocks to new heights.

CNBC TV18

Cochin Shipyard charts indicate further pain says this chartist, shares a view on the road ahead

Cochin Shipyard shares are already down 35% from their all-time high levels which the stock had hit in July.

The Economic Times

Cochin Shipyard, HAL, 8 other defence PSU stocks fall up to 30% in a month. Is it time for bottom fishing?

Defence stocks have corrected significantly in the past month. Experts advise against bottom fishing and suggest waiting for clear signs of market reversal. Cochin Shipyard, Garden Reach, and Mazagon Dock are among the top losers. Stable names like HAL and Bharat Electronics might lead if overall market conditions recover.

Business Line

HAL, BEL, Cochin Shipyard, Mazagon Dock, GRSE, Midhani: Goliath valuations vis-a-vis global peers

Analysis of Indian defence stocks, showing comparisons with global peers, highlighting potential risks and overvaluation, urging caution for investors

Business Standard

Cochin Shipyard's director (finance), Jose V J gets tenure extension from Govt

Cochin Shipyard informed that the Ministry of Ports, Shipping and Waterways, Government of India has extended the tenure of Jose V J as its Director (Finance) of the company.

Business Standard

Cochin Shipyard arm inks contract with Norwegian company

Cochin Shipyard said that its wholly owned subsidiary, Udupi Cochin Shipyard (UCSL) has entered into contract with Wilson ASA, Norway, for design and construction of 4 nos. of 6300 TDW dry Cargo Vessels.

The Economic Times

Udupi Cochin Shipyard Limited bags Rs 1,100 crore order for cargo vessels from Norwegian firm

UCSL secured a Rs 1,100 crore deal for eight 6300 TDW cargo vessels from Wilson ASA. These vessels, designed for eco-friendly operation in European coastal waters, are part of a project to be completed by September 2028. The company has also delivered tugs to Adani Harbour Services and received repeat orders from Polestar Maritime.

Business Standard

Udupi Cochin Shipyard bags Rs 1,100 cr order for eight cargo vessels

The Udupi Cochin Shipyard Limited (UCSL), a wholly owned subsidiary of the Cochin Shipyard Limited (CSL), has bagged a Rs 1,100 crore-worth international order for eight 6300 TDW dry cargo vessels. CSL said it has won an international order from Wilson ASA, Norway, for the design and construction of four 6,300 TDW dry cargo vessels. "An agreement has also been entered into for an additional four vessels of the same type, which will be formally contracted within September 19, 2024," a CSL release said. CSL said the new order was a continuation of the contract awarded in June 2023 for the design and construction of six 3800 TDW dry cargo vessels, which are now at advanced levels of construction at the yard at Udupi in Karnataka. "The vessel is of 100 meters length and has a deadweight of 6300 metric tonnes at a design draft of 6.5 metres. The vessels shall be designed by Conoship International, Netherlands, and shall be constructed as an environment-friendly diesel-electric vessel fo