Cochin Shipyard Ltd.’s shares experienced a notable surge of 5%, hitting the upper circuit limit due to positive market sentiment. The stock opened at ₹1,389.00 and peaked at ₹1,432.45 during the session, with the lowest recorded value at ₹1,375.00. This upward movement follows a broader bullish sentiment in the Indian stock market, driven by favorable industry trends and investor optimism.
Despite facing challenges earlier in the year, Cochin Shipyard’s performance has shown strong resilience. The company’s stock has fluctuated within a 52-week range of ₹560.50 to ₹2,979.45, reflecting investor confidence over time.
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