Cochin Shipyard Ltd surged nearly 3%
COCHINSHIP surged nearly 3% on October 14, 2025, after announcing a mega order win exceeding ₹2,000 crore from a prominent European client for the design and construction of six LNG-powered feeder container vessels, each with a capacity of about 1,700 TEUs. A Letter of Intent (LOI) was signed on October 14, and a formal contract will follow soon with detailed technical and commercial terms. France's CMA CGM has been identified as the client behind this major deal. This order adds further strength to Cochin Shipyard’s robust order book, which stands at approximately ₹21,100 crore, covering 74 vessels, including 50 under construction as of FY25
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