• Source:JND
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Cochin Shipyard Share Price: The shares of Cochin Shipyard Ltd, Garden Reach Shipbuilders and Engineers and Mazgaon Dock Ship soared up to 18% in the early trade on Wednesday, i.e. May 1,4, amid high trading volume due to massive buying interest in defence stocks. The defence stocks have been in focus since the tension between India and Pakistan erupted, post India's launch of 'Operation Sindoor' to destroy terror bases in Pakistan-occupied Kashmir and Pakistan itself. The majority of shares from the sector soared high last day after PM Modi emphasised to produce more 'Made In India' defence equipment.

Cochin Shipyard Share Today

The shares of Cochin Shipyard soared nearly 14% in the early trade on Wednesday amid high trading volumes due to increased investor interest in defence stocks. At around 11:04 am, the stcok was trading at Rs 1,792.70, up 13.68% on NSE. The scrip started the day trade at Rs 1,640.0, registering a gap-up against previous day's closing price of Rs 1,577.0 and zoomed to hit intraday high of 1,798.0 on NSE.

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GRSE Share Price

Garden Reach Shipbuilders & Engineers (GRSE) share price zoomed over nearly 18 per cent during the intraday trade on Wednesday after the public sector shipbuilding company reported a massive rise in profit in the last quarter of FY2024- 25. In Q4FY25, GRSE's net profit increased significantly by 118.9 per cent Yoy to Rs 244.2 crore, up from Rs 111.6 crore in the same quarter of the previous year.

Mazagon Dock Share Price

Mazagon Dock Shipbuilders shares soared over 6% in the early trade on Wednesday amid high trading volume due to high buying interest by investors. At around 11:14 am, the shares of the defence company were trading at Rs 3,203.50, up 6.72% against previous day's closing price of Rs 3,002.60 on NSE.

Mazagon Dock Shipbuilders was one of the top gainers in the NIFTY MIDCAP 150 index following today's stock rally.

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Disclaimer: This is just a piece of news about recent development in the stock. Jagran does not advise investing, please take expert opinion before investing.