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Cochin Shipyard was incorporated in 1972 as a Government of India company, with the first phase of facilities coming online in 1982.. In August 2012, the Government of India announced plans of divestment to raise capital of ₹15 billion for further expansion through an initial public offering (IPO) towards the end of the fiscal year. [6]
The Kochi Refinery is a public crude oil refinery in the city of Kochi. It is the largest state owned refinery in India with a production capacity of 15.5 million tons per annum. [61] Formerly known as Cochin Refineries Limited and later renamed as Kochi Refineries Limited, it was acquired by Bharat Petroleum Corporation Limited in the year 2006.
On 31 October 2019, Cochin Shipyard received a ₹ 30 billion (equivalent to ₹ 37 billion or US$430 million in 2023) contract for the Phase-III of the project. [88] This contract included funds for the harbour trials, sea trials and support for the ship during its weapons and aviation trials after its delivery. [ 89 ]
What follows are 10 stock market predictions -- ranging from macro takes to more company-specific expectations -- for 2025. 1. The stock market will endure a decline of at least 20%.
On 23 February 2021, Cochin Shipyard (CSL) won the bid to construct 6 Next Generation Missile Vessels (NGMV) for a cost ₹10,000 crores. [8] On 30 March 2023, MoD signed the contract for acquisition of six NGMV with CSL at a cost of ₹ 9,805 crore (US$1.1 billion). The delivery of ships is scheduled to commence from March 2027.
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The ...
Cochin Stock Exchange (CSE or CoSE) was an Indian stock exchange in Kochi, Kerala fully owned by Government of India.It was incorporated in 1978. At its peak, it had almost 500 Indian companies listed, and with a daily turnover of ₹ 70– ₹ 100 crore (equivalent to ₹ 596 crore or US$69 million in 2023), it was the fourth largest exchange in India.