Should i buy cochin shipyard share?
Last Update: April 20, 2022
This is a question our experts keep getting from time to time. Now, we have got the complete detailed explanation and answer for everyone, who is interested!Asked by: Mrs. Ernestine Hagenes Jr.
Score: 4.7/5 (74 votes)
Both analysts strongly recommended Cochin Shipyard for good returns. Talking about this Cochin Shipyard share price, Market analyst Rakesh Bansal said the stock has seen much-awaited breakout and it should not be missed out. ... One should buy Cochin Shipyard with stoploss of Rs 399 for two targets.
Is Cochin Shipyard a good buy for long term?
Based on its research ICICI Direct has placed a 'buy' call on the stock with a price target of 500, which is a good 20% over the current market price of Rs 411. 'Cochin Shipyard continues to be one of the top-tier shipyards in the country with ample capacity, capability and the orderbook to support it.
Is Cochin Shipyard a government company?
Cochin Shipyard was incorporated in the year 1972 as a fully owned Government of India company. In the last three decades the company has emerged as a forerunner in the Indian Shipbuilding & Ship repair industry. This yard can build and repair the largest vessels in India.
Is Cochin Shipyard debt free?
Way2Wealth has placed a fair value price on Cochin Shipyard Ltd (CSL) at Rs 430 to Rs 440, as against the current market price of Rs 358, suggesting a decent uptick of more than 20 per cent on the stock.
What is the biggest shipyard in the world?
South Korea's Hyundai Heavy Industries in Ulsan owns the largest shipyard on Earth. It's where behemoths like the Globe were built – which was the world's largest ship when it began its maiden voyage in December 2014. Ships still transport 90% of the world's trade.
Cochin Shipyard Share | Cochin Shipyard Stock Analysis | Cochin Shipyard Share Price Targets
What does Cochin Shipyard do?
Cochin Shipyard Ltd (CSL) is mainly engaged in the construction of vessels and repairs and refits of all types of vessels including upgradation of ships periodical lay-up repairs and life extension of ships. The company has built and repaired some of the largest ships in India.
Which has the largest shipyard in India?
India's largest shipbuilding and maintenance facility in Cochin Shipyard Limited (CSL). It is situated in the port city of Kochi, in Kerala state, India.
Which city is famous for shipbuilding?
Four major ship building centres in India are located at Vishakhapatnam, Kolkata, Kochi and Mumbai! India ranks second among the Asian countries next only to Japan in terms of shipping tonnage.
How many shipyard are there in India?
Of India's 28 shipyards, six are public sector undertakings (PSUs), two are owned by state governments, and the remaining 20 are in the private sector. Not counted here is a government-owned shipyard that builds nuclear submarines in partnership with a private-sector company.
Which is the first shipyard in India?
The long journey towards making ships in India started during the pre-independent years with the founding of the first green-field shipyard in the year 1941 in the name Scindia Steam Navigation Co. Ltd by the great industrialist and visionary Seth Walchand Hirachand which is today known as the Hindustan Shipyard Ltd.
Where are ships made?
A shipyard (also called a dockyard) is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships.
What is the definition of Cochin?
(Entry 1 of 2) : any of an Asian breed of large domestic chickens with thick plumage, small wings and tail, and densely feathered legs and feet.
Which is the India's first indigenous aircraft carrier?
This is India's first indigenous aircraft carrier, IAC-1. Named INS Vikrant, the carrier is slated to join the Navy in 2022. On August 8th, it successfully accomplished its five-day maiden sea voyage as part of trials in Kochi.
Which country has the most shipyards?
Largest shipbuilding nations based on gross tonnage 2020
China, South Korea, and Japan were the leading shipbuilding nations in 2020. China completed ships with a combined gross tonnage of around 23.2 million. CSSC (China State Shipbuilding Corporation) is China's leading shipyard.
Which country is most advanced in shipbuilding?
In 2019, the shipbuilding industry in China accounted for over 37.2% of the global shipbuilding market by the amount of metric tons deadweight completed, making it the largest shipbuilder in the world.
Where are the best ships built?
- Shanghai Waigaoqiao – Shanghai, China. ...
- Imabari Shipbuilding – Marugame, Japan. ...
- Hyundai Mipo – Ulsan, South Korea. ...
- Oshima Shipbuilding – Oshima, Japan. ...
- Tsuneishi shipbuilding – Numakuma, Japan. ...
- Mitsubishi Heavy Industry – Nagasaki, Japan.
Which state is famous for shipbuilding?
The maritime history of Indian shipbuilding begins right from the time of civilization in Harappa and Mohenjo-Daro. The shipbuilding industry in India was mainly carried on in the coastal territories like Cochin, Goa, Mumbai, Gujarat, Kolkata, and Andhra Pradesh.
Where ships are made in India?
INS Chennai is the largest-ever warship to be built in India. Built at the Mazagon Dock Shipbuilders Ltd in Mumbai, the ship's construction also marks the end of the Project 15A to build Kolkata-class guided missile destroyers. Chief of the Naval Staff, Admiral Sunil Lanba, was also present on the occasion.
Is famous for shipbuilding?
Kolkata, Goa, Mumbai and Kochi are the major ship building centres. 4. The Kochi Dockyard, developed in collaboration with Japan, which is the largest and most recent Dockyard of the country, whereas the Mazagaon Dockyard (Mumbai) builds the naval ships for the Indian Navy.
Which shipyard makes warships for India?
The correct answer is Mazagaon shipyard. Mazagaon shipyard Mazagaon Dock, Mumbai makes warships for the Indian Navy. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling.