Cochin Shipyard shares rises after securing major contract from ONGC Ltd
The estimated contract value is around Rs. 200 crore, and the estimated duration for the project is around 12 months.
Shares of Cochin Shipyard Ltd (CSL) edge higher by 2.25% as the Defence PSU has signed a contract with the ONGC for dry dock/major lay-up repairs of one of its jack-up rigs. Currently, the shares are trading at Rs 1,930.30, up by 2.13%.
According to the exchange filing, Cochin Shipyard Limited (CSL) on September 17, 2025, has signed a contract with the Oil and Natural Gas Corporation Limited (ONGC) for dry dock/major lay-up repairs of one of its jack-up rigs.
The estimated contract value is around Rs. 200 crore, and the estimated duration for the project is around 12 months.
The stock opened today at Rs 1,918.00 and reached an intraday high of Rs 1,940.00. The 52-week high is at Rs 2,545.00 at BSE. The stock surged over by 17.13% in last five trading sessions.
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