Cochin Shipyard signs repair agreement with US Navy; shares scale 52-week highMoneycontrol • 26 days ago
Cochin Shipyard Share Price: The master shipyard repair agreement is a non-financial agreement and will facilitate repair of US Naval vessels under the Military Sealift Command in CSL.
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Cochin has been qualified for entering into the MSRA after a detailed evaluation process and capability assessment by the US Navy
The charts of heavyweight stocks, i.e., HDFC Bank & ICICI Bank in Nifty Private Banks index, are exhibiting promising signs, says Sudeep Shah of SBI Securities.
Jigar Patel continues to advise traders to be light from now on and stay stock specific.
HDFC Bank has traded way below all key moving averages (20, 50, 100 and 200 EMA - exponential moving averages) due to single-day big fall, while the stock is 77 rupees away from the low of October 2023 (Rs 1,460).
The company had previously announced sub-division of its equity share from a face value of Rs 10 each to face value of Rs 5 each.