Cochin Shipyard shares rose 4.4% ahead of its Q4FY25 results, buoyed by optimism around defence orders. Analysts expect order books of PSU shipbuilders to triple in two years amid strong policy support. While Antique maintained a ‘Hold’ on Cochin Shipyard, it reiterated ‘Buy’ on peers. The company had posted a 27% YoY profit drop in Q3 with margin pressure.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets