The Economic Times

Cochin Shipyard shares in focus after emerging as L1 bidder for Rs 5,000 crore Navy contract

Cochin Shipyard shares may remain in focus after the company emerged as the lowest bidder for a Rs 5,000 crore defence contract to build five next-generation survey vessels for the Indian Navy. The order is subject to procedural approvals, even as the stock trades below key averages currently momentum.