Value Investing

In India’s shipbuilding industry, Mazagon Dock (MDL) leads in revenue and large-scale defense contracts, especially for submarines. Cochin Shipyard (CSL) has the highest potential due to its diverse shipbuilding capability, while Garden Reach (GRSE) remains stable with consistent Navy orders. Reliance Naval (RNAVAL) faces severe financial stress. Goa Shipyard (GSL) thrives on high-margin orders.

Before Market Opens

Cochin Shipyard’s shares surged 20% due to a stock split and strong growth prospects. The split made shares more accessible, while impressive performance, including securing a significant defense contract and a robust order book, bolstered investor confidence, reflecting the company’s expanding presence and potential in the shipbuilding and defense industries

20% increase in Cochin Shipyard’s share price