Bengaluru, April 9 -- The shares of Miniratna PSU company, specializing in constructing a wide range of vessels, including tankers, bulk carriers, offshore platforms, and naval ships, jumped upto 2 percent upon signing a Memorandum of Understanding (MOU) with Drydocks World

Price action

With a market capitalization of 35,469.87 Crores on Wednesday, the shares of Cochin Shipyard Limited jumped upto 1.6 percent, making a high of Rs. 1398.70 compared to its previous closing price of Rs. 1378.75.

What Happened

Cochin Shipyard Limited, engaged in constructing a wide range of vessels, including tankers, bulk carriers, offshore platforms, and naval ships, has signed a Memorandum of Understanding (MOU) with Drydocks World, a DP World company ...