2/5/2025, 12:44:02 pm

Cochin Shipyard shares slip 3% as defence rally pauses

Shares of Cochin Shipyard fell as much as 3% on Friday to Rs 1,546 on the BSE, extending losses from earlier this week as defence stocks retreated following a sharp rally driven by heightened geopolitical tensions. Cochin Shipyard shares had already slipped 2.55% on April 30 amid a broader market correction and profit-taking across defence counters.