COCHINSHIP

signed contract with

ONGC

signed a ₹200 crore contract with for dry dock and repairs of a jack-up rig, expected to be completed within 12 months. Shares of Cochin Shipyard and ONGC closed higher on September 17, 3.48% and 0.76% respectively. Cochin Shipyard reported a 7.9% increase in Q1 net profit and 38.5% rise in revenue.