News for Cochin Shipyard Limited (COCHINSHIP.BO)

Equity indices plummet as traders remain cautious during earnings season, with Axis Bank dragging financial stocks down.

Stock market plunges on weak corporate results and global trade fears, with Nifty IT down 1.54% and smallcaps outperforming.

Equity benchmark indices traded flat in the mid-trading session on Wednesday amid mixed global cues, as investors maintained a cautious tone due to tariff jitters and the Q1 earnings season.

India's shipbuilding sector is set for a big change. HD Korea and Cochin Shipyard Limited have signed an agreement. India aims to be among the top shipbuilding nations by 2030. The partnership will boost India's shipbuilding capabilities. India wants to reduce reliance on foreign vessels. The government is supporting the sector with financial incentives.

Cochin Shipyard signs MoU with South Korea’s KSOE for joint shipbuilding, tech collaboration, and workforce upskilling under India’s Maritime Vision 2030.

Cochin Shipyard Limited (CSL) and HD Korea Shipbuilding & Offshore Engineering Co. Ltd. (KSOE) have signed a MoU for long-term collaboration in shipbuilding and maritime development. The partnership aims to explore newbuilding opportunities, share technical expertise, enhance productivity, and upskill the workforce. This aligns with India's Maritime India Vision 2030 to become a global maritime hub.

Top movers today: Shares of Bajaj Finance traded with over 1 per cent gain, leading the Nifty 50 pack, following its Q1 business update. Meanwhile, Trent shares were hit hard, down 11 per cent. Wipro, Hero Motocorp, Tech Mahindra, Infosys and Bajaj Finserv traded with marginal gains, while Tata Steel, Eicher Motors, SBI Life, IndusInd, JSW Steel and Grasim depreciated 1-2 per cent.

Indian benchmark equity indices closed with gains on Friday, led by share prices of Jio Financial Service Ltd. and Asian Paints Ltd. The NSE Nifty 50 ended 88.80 points, or 0.35% higher at 25,637.80, while the BSE Sensex closed 303.03 points, or 0.36% up at 84,058.90. During the day, Nifty rose 0.41% to trade at 25,654.20 and the Sensex advanced 0.40% to 84,089.35.

Equity benchmarks rise on June series expiry day, boosted by easing geopolitical tensions and strong investor sentiment.

Top gainers losers today: Among Nifty 50, shares of Titan, Infosys, Tata Consumer Products, Tech Mahindra and Eternal led the gainers, while Bharat Electronics, Kotak Mahindra, Axis Bank, Eicher Motors and ICICI Bank dragged.

Top gainers and losers today: Shares of Jio Financial Services, Adani Ports, UltraTech Cement, Shriram Finance and Tata Steel led the gainers of Nifty 50 in the mid-trading session. Meanwhile, ONGC, NTPC, Power Grid, IndusInd and BEL were the only laggards. All Adani stocks in green. Defence stocks tank except Cyient DLM and Solar Industries.

Antara River Cruises signs pact with Hooghly CSL to build two luxury vessels for the Brahmaputra, marking a milestone in India’s inland cruise tourism industry.

Cochin Shipyards shares will be in focus after its subsidiary Hooghly CSL secured a Rs 100–250 crore order to build luxury cruise vessels for Antara River Cruises. While Q4 profit rose 10.8% YoY, margins contracted sharply. Despite bullish technical indicators, analysts remain cautious, with a 'Hold' rating and a 40% downside implied from the average target price.

Sensex fell 511 points on Monday amid heightened Middle East tensions after US strikes on Iran. Oil price spikes and global uncertainty spooked investors, though selective buying supported mid and smallcap stocks. Global markets reflected mixed sentiment on the conflict.

The NSE Nifty index closed 140.5 points down at 24971.9

INS Arnala, India's first anti-submarine warfare shallow water craft with 80% indigenous content, commissioned into Indian Navy.

Indian Navy strengthens coastal defense with 16 indigenous anti-submarine warfare ships, enhancing maritime security and self-reliance in defense technology.

The NSE Nifty index was trading 81.8 points down at 24864.7

Sensex today: Indian markets rebounded on Monday with Sensex gaining 678 points and Nifty 228 points, lifted by IT and financial stocks amid easing oil prices and resilient global cues, despite Middle East tensions. Analysts expect small-caps to stay subdued.