New Delhi, Sept. 18 -- Cochin Shipyard share price rose as much as 2 per cent to Rs.1,920.30 apiece in Monday's trading session after the company announced that it has secured a new contract from Oil and Natural Gas Corporation Limited (ONGC), on Wednesday.

Cochin Shipyard shares have given significant returns to both its long-term and short-term investors despite volatility in Indian stock market. The stock has given whopping 44 per cent returns in six months and 12 per cent in one year. Cochin Shipyard stock has proven to be a multibagger stock by soaring over 1,023.53 per cent in five years.

In an exchange filing dated September 17, Cochin Shipyard said that the company has won a new contract from ONGC for Dry dock/ Major Lay-up repa...