in its exchange filing on Monday said Cochin Shipyard Ltd. has been declared as L1 in the tender floated by the Ministry of Defence for the construction of 5 nos. of Next Generation Survey Vessels (NGSV) for the Indian Navy. The estimated total order value is around Rs. 5,000 crore. The company added that the final announcement of the contract will be subject to the satisfactory completion of necessary formalities in this regard, which will be updated in due course. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.