Aerospace & Defence · COCHIN
Ship - Docks/Breaking/Repairs
from 1,495 today
Cochin Shipyard reported largely in-line operational performance in 1QFY27 with flat YoY revenue, while profitability was impacted by lower ship-repair revenue. We maintain HOLD with an unchanged target price of INR 1,671 as valuation remains demanding.
We maintain Hold on Cochin Shipyard with a revised target price of INR 1,671, noting that order inflows are gaining traction and revenue visibility is improving despite trading at a premium to peers.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
