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Cochin Shipyard: Stock jumps after securing ₹200 Cr ONGC contract

Cochin Shipyard Limited signed a ₹200 crore contract with ONGC for Dry dock and Major Lay-up repairs of a Jack Up Rig, project duration 12 months.

Introduction

Leading shipbuilding and repair company has secured a ₹200 crore contract from ONGC for Dry dock and Major Lay-up repairs of a Jack Up Rig, with completion expected in 12 months.

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Share price movement of Cochin Shipyard

On September 18, 2025, Cochin Shipyard Limited opened at ₹1,924.90, up 1.85% from its previous close of ₹1,889.90. The stock touched a high of ₹1,940.00 (2.64%) and a low of ₹1,895.00. By 9:44 AM, it traded at ₹1,902.00, a 0.64% increase, with a market cap of ₹50,037.96 crore.

Cochin Shipyard Bags ₹200 Cr ONGC Contract

Cochin Shipyard Limited has signed a contract with Oil and Natural Gas Corporation Limited on September 17, 2025. The order is for Dry dock and Major Lay-up repairs of a Jack Up Rig.

The contract value is about Rs. 200 crore. The project duration is around 12 months. The company confirmed the order is not a related party transaction.

Recent news on Cochin Shipyard

As of July 06, 2025, Cochin Shipyard Ltd signed an MoU with HD Korea Shipbuilding and Offshore Engineering to jointly explore shipbuilding opportunities, share expertise, enhance productivity, and upskill workforce for global standards.

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

Cochin Shipyard Ltd delivered a 14.5% return over the past week. It gained 31.4% in the past six months. The stock rose 9.55% over the past year.

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Shareholding pattern of Cochin Shipyard

ParticularsJun 2025Mar 2025Dec 2024
Promoter67.90%67.90%67.90%
FII3.90%2.90%2.90%
DII6.30%6.80%6.60%
Public21.90%22.40%22.50%

About Cochin Shipyard

Cochin Shipyard Ltd (NSE: COCHINSHIP), incorporated in 1972, specializes in building, repairing, and upgrading vessels. The company has delivered over 45 ships globally, including advanced offshore and supply vessels.

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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 Limited share price going up today?

A: Cochin Shipyard Limited share price is rising after signing a ₹200 crore contract with ONGC for Jack Up Rig repairs.

Q: How much stake do promoters hold in Cochin Shipyard Limited stock?

A: Promoters hold 67.90% stake in Cochin Shipyard Limited stock, reflecting strong promoter confidence and stable ownership pattern in the company.

Q: What is the 52-week high and low of Cochin Shipyard Limited stock?

A: The 52-week high of Cochin Shipyard Limited stock is ₹2,547.25, while the 52-week low stands at ₹1,180.45.

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