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Cochin Shipyard surges 7% after bagging massive ₹5,000 Cr defence deal

News by Aliceblue News Desk

17 Feb 2026

Cochin Shipyard surges 7% after bagging massive ₹5,000 Cr defence deal

Introduction

Leading shipbuilding company declared L1 by Ministry of Defence for five Next Generation Survey Vessels for Indian Navy, estimated order value around Rs 5,000 crore.

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Share price movement of Cochin Shipyard

On February 17, 2026, Cochin Shipyard Ltd opened at ₹1,550.00, up 5.57% from its previous close of ₹1,468.20. The stock touched a high of ₹1,575.00 (7.28%) and a low of ₹1,527.10. By 11:06 AM, it traded at ₹1,531.15, a 4.29% increase, with a market cap of ₹40,281.61 crore.

Cochin Shipyard Wins ₹5,000 Cr Defence Tender

Cochin Shipyard Limited has been declared L1 by the Ministry of Defence in New Delhi for constructing five Next Generation Survey Vessels for the Indian Navy. The estimated total order value is around Rs. 5,000 crore.

The final contract award is subject to completion of necessary formalities. The company stated that promoters and group entities have no interest in the awarding authority, and the order is not a related party transaction.

Stock performance of Cochin Shipyard for period of 1 week, 6 months, and 1 year

Cochin Shipyard Ltd declined 3.87% over the past week and fell 13.9% in the past six months. The stock gained 20.8% over the past one year.

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Shareholding pattern of Cochin Shipyard

ParticularsDec 2025Sep 2025Jun 2025
Promoter67.90%67.90%68%
FII2.70%3.20%4%
DII7%6.50%6.30%
Public23%22%22%

About Cochin Shipyard

Cochin Shipyard Ltd (NSE: COCHINSHIP), incorporated in 1972, constructs and repairs vessels, including advanced ships, and has exported 45 ships to international clients.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Cochin Shipyard Ltd share price rising today?

A: Cochin Shipyard Ltd declared L1 by Ministry of Defence for five Navy survey vessels worth about Rs 5,000 crore.

Q: What is Cochin Shipyard Ltd’s main business focus?

A: Cochin Shipyard Ltd focuses on shipbuilding, ship repair, refits, and life extension of vessels in India and abroad.

Q: What are the 52-week high and low of Cochin Shipyard Ltd stock?

A: Cochin Shipyard Ltd 52-week high stands at Rs 2,547.25, while 52-week low is Rs 1,180.45.

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