📊 Cochin Shipyard – Recovery Watch

Important Levels: Support: ₹1,400 – ₹1,360 Resistance: ₹1,500 – ₹1,550 Structure: Post-earnings correction with recovery potential Business: Major Indian shipbuilder serving defence and commercial maritime segments. Beneficiary of India's naval modernisation and domestic shipbuilding push. Earnings / Trigger: Cochin Shipyard reported Q1 FY27 profit of ₹151 crore, down 19% YoY, while revenue increased only marginally. The weaker result triggered a sharp market reaction, with the stock falling around 4% on Monday. Verdict: 👉 Defence + shipbuilding theme remains structurally interesting 👉 Near-term price action needs confirmation after the earnings disappointment