Cochin Shipyard Secures New Domestic Contract for Four ASD Tugs

Limited announced that its wholly owned subsidiary, Udupi Cochin Shipyard Limited, has secured a notable domestic order from Ocean Sparkle Limited, part of the Adani Group. The contract involves the construction of four 70-ton Bollard Pull ASD (Azimuth Stern Drive) tugs, strengthening the company’s order book and domestic maritime presence. The development highlights growing demand in India’s marine and port infrastructure sector. Investors are likely to keep Cochin Shipyard stock in focus as the company continues to expand its capabilities in shipbuilding and specialized vessel construction. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.