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Multibagger stock rallies 104% in 6 months, Board declares dividend of ₹7

November 13, 2022

With a market valuation of Rs. 8,412.67 Cr., Cochin Shipyard Ltd. is a mid-size company that operates in the industrial sector. One of India's top shipbuilding and repair yards is Cochin Shipyard. One of India's top 10 public sector undertakings, the corporation holds a Miniratna CPSE status. Shareholders need to be informed that the firm has released its Q2 results as well as a dividend of ₹ 7 per share The company has said in a stock exchange filing that its Board of Directors has “Declared an interim dividend of Rs. 7.00 per equity share of Rs. 10 each fully paid-up (70%) for the financial year 2022-23; and Fixed Tuesday, November 22, 2022 as the Record Date for the aforesaid interim dividend." On a consolidated basis, the company has declared a net sales of ₹ 683.18 crore in Q2FY23 compared to Rs. 696.14 crore posted in Q2FY22, representing a YoY fall of 1.86%. The company declared a net profit of Rs. 112.79 crore in Q2FY23 compared to Rs. 131.31 Cr posted in Q2F...

November 13, 2022

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Tamil Nadu rain: Schools in 'this' area to be closed tomorrow in view of heavy shower

Multibagger stock rallies 104% in 6 months, Board declares dividend of ₹7