Cochin Shipyard shares hit a fresh high of Rs 944.65 , rising 7.62% against the previous close of Rs 877.70 on BSE. Market cap of the defence stock climbed to Rs 23,845 crore.
Cochin Shipyard stock has surged over 250 percent in the last one year, outperforming benchmark Nifty 50 which has risen 22 percent during this period.
Multibagger stock: Cochin Shipyard shares hit a fresh high of Rs 887.85, rising 12.12% against the previous close of Rs 791.85 on BSE. Market cap of the defence stock climbed to Rs 22,501 crore.
Cochin Shipyard shares, which closed at Rs 487.15 on May 29 stood at Rs 1135.55 in the current session. The stock is trading in green for the third consecutive session, gaining 6.44% during the period.