KOCHI — On Monday, Cochin Shipyard opened at its low for the day and closed at its high, going one way from the first trade to the last. On Tuesday it opened at its high and has gone the other way ever since.
The shipbuilder was quoted at ₹1,503.20 on the National Stock Exchange at 11:49 IST, down ₹10.80 or 0.71 percent on Monday’s close of ₹1,514.00, and at ₹1,504.10 on the BSE. It opened at ₹1,515.00, ran to ₹1,522.70 in the first minutes, which is above Monday’s high of ₹1,516.00, and has since worked back to ₹1,503.00. Turnover of 4.44 lakh shares extrapolates to about 10.8 lakh for the full session, which would be heavier than Monday’s 8.51 lakh. These are live intraday figures from a session that settles at 15:30.
The shape is an exact inversion and the volume is not. Whatever was buying on Monday is still trading; it has simply stopped paying up.
Cochin Shipyard Share Price Today: NSE and BSE Live Quote, August 25, 2026
| Measure | NSE · COCHINSHIP | BSE · 540678 |
|---|---|---|
| Last traded price | ₹1,503.20 | ₹1,504.10 |
| Previous close (August 24) | ₹1,514.00 | ₹1,511.00 |
| Change so far | -₹10.80 (-0.71%) | -0.46% |
| Open | ₹1,515.00 | – |
| Session high so far | ₹1,522.70 | – |
| Session low so far | ₹1,503.00 | – |
| Volume so far | 4.44 lakh shares | – |
| Monday’s full-day volume, for comparison | 8.51 lakh shares | |
| 52-week high | ₹1,979.90 (24.08% above the current price) | |
| 52-week low | ₹1,187.00 (+26.64% from the current price) | |
| Market capitalisation | ₹39,979 crore, at Monday’s close | |
| Trailing P/E · Price to book | 58.8 · 6.8 | |
| Return on capital employed · Return on equity | 16.0% · 12.5% | |
| Live intraday figures captured at 11:49 IST on August 25, 2026, about 154 minutes into a session that runs to 15:30. These are last traded prices, not closing prices, and they will change. Open, high and low for the BSE line were not captured in this run, so those cells are left blank. Valuation ratios and market capitalisation are Screener’s, struck at Monday’s close. | ||
At ₹1,503 the stock is 24.1 percent below its 52-week high, the deepest drawdown of any large name in Indian defence. It also carries the highest earnings multiple of the group after Bharat Dynamics, at 58.8 times, on the second-lowest return on equity at 12.5 percent. Those three facts have been true all month and none of them explains Monday or Tuesday.
Two Sessions, Mirrored
| Measure | August 24, full session | August 25, to 11:49 IST |
|---|---|---|
| Open | ₹1,480.50 | ₹1,515.00 |
| High | ₹1,516.00 | ₹1,522.70 |
| Low | ₹1,480.50, equal to the open | ₹1,503.00 |
| Last | ₹1,514.00, near the high | ₹1,503.20, near the low |
| Change | +2.26% | -0.71% |
| Volume | 8.51 lakh | 4.44 lakh, pacing to about 10.8 lakh |
| Monday’s figures are the completed NSE session. Tuesday’s are live intraday at 11:49 IST and will move before the close; the paced volume is a straight-line extrapolation and morning trade is usually heavier than afternoon trade, so treat it as a ceiling. Monday’s low equalled its open, which is why the session reads as one continuous rise. | ||
Monday’s session was clean in one direction and Tuesday’s has been clean in the other, from a starting point 35 rupees higher. The stock has still not given back Monday’s whole gain: at ₹1,503.20 it is ₹22.70 above Friday’s close of ₹1,480.50. But the ₹1,522.70 print is the highest since August 13 and it lasted minutes.
Cochin Shipyard Stock Code on NSE, BSE and Global Data Feeds
| Exchange or provider | Code | Notes |
|---|---|---|
| NSE (National Stock Exchange) | COCHINSHIP | Series EQ |
| BSE (Bombay Stock Exchange) | 540678 | Scrip code |
| ISIN | INE704P01025 | Depository identifier. Face value ₹5 |
| Google Finance | NSE:COCHINSHIP · BOM:540678 | The exchange-prefixed format Google requires |
| Yahoo Finance | COCHINSHIP.NS · COCHINSHIP.BO | Suffix marks the exchange |
| Headquartered in Kochi and majority-owned by the Government of India, Cochin Shipyard reports to the Ministry of Ports, Shipping and Waterways rather than the Ministry of Defence, which is the structural fact behind most of what follows. | ||
The One Defence Name Not Waiting on a Ministry
The argument for owning this stock in August 2026 is a structural one, and it survives a down morning intact.
| Company | The pending item | Who decides |
|---|---|---|
| Bharat Electronics | Air defence order, about ₹30,000 crore | Cabinet Committee on Security |
| Hindustan Aeronautics | F404 engines for the Tejas Mk1A | GE Aerospace, in the United States |
| Mazagon Dock | Project 75I submarine programme | Ministry of Defence |
| Bharat Dynamics | Conversion of an existing ₹26,176 crore book | Its own factories |
| Cochin Shipyard | A Kerala land lease and six CMA CGM container ships | Already granted and already signed |
| Compiled by The Eastern Herald from company disclosures and public procurement statements. The CMA CGM order covers six 1,700 TEU dual-fuel LNG-powered container ships with deliveries scheduled between 2029 and 2031; the Finnish supplier MacGregor was selected this month for their cargo handling and hatch cover systems. | ||
Read the last column. Four of the five are waiting on a decision by somebody else with no published date. Cochin Shipyard is waiting on things that have already happened. Container ships for a European customer are not a defence order, do not require Cabinet clearance and do not sit behind an American export licence, and a ₹5,000 crore facility at Kochi addresses the constraint that has always bound this company, which is physical capacity rather than demand.
What that argument does not do is make the stock cheap. Fifty-nine times earnings for a 12.5 percent return on equity is a demanding price for a business whose most recent quarterly profit fell 19 percent, and neither the new yard nor the CMA CGM ships contribute anything before 2029.
Cochin Shipyard Share Price: Levels and the Gap to the High
| Date | Close (₹) | Change | Volume |
|---|---|---|---|
| August 18, 2026 | 1,485.10 | -0.20% | 4.13 lakh |
| August 19, 2026 | 1,485.00 | -0.01% | 3.34 lakh |
| August 20, 2026 | 1,489.00 | +0.27% | 3.52 lakh |
| August 21, 2026 | 1,480.50 | -0.57% | 3.83 lakh |
| August 24, 2026 | 1,514.00 | +2.26% | 8.51 lakh |
| August 25, 2026, at 11:49 IST | 1,503.20 | -0.71% | 4.44 lakh so far |
| NSE closing prices and volumes; the final row is live intraday and not a close. Monday’s turnover was more than double the average of the four preceding sessions, and Tuesday’s morning pace is running above Monday’s. | |||
₹1,480.50, which served as both Friday’s close and Monday’s low and open, is the support that matters and Tuesday has not tested it. ₹1,503.00 is the morning’s floor. Above, ₹1,522.70 is the new near-term ceiling and the 52-week high at ₹1,979.90 is 24.1 percent away, a distance no other name in this group has to travel.
What cannot be established from two sessions is whether the decision behind Monday has more behind it. The ₹5,000 crore Kochi facility is an investment, not an order, and it will absorb cash for years before it builds anything. The CMA CGM ships deliver from 2029. Neither does anything for the September quarter, in which ship repair revenue will either recover or it will not, and on that the company has said nothing at all. Two days of heavy turnover in a mid-cap can mean a position being built or a position being distributed, and the tape reads the same either way until one of them stops.
Elsewhere in Tuesday’s session, Bharat Dynamics was the only defence name higher, Mazagon Dock broke below a seven-session range, and Hindustan Aeronautics fell to within ₹1.60 of its results-day low. The Nifty 50 was down 0.32 percent.
Intraday prices and the scrip identifiers were checked against the exchange’s own quote page for scrip 540678. Order and facility details are drawn from the company’s investor disclosures.
Related Posts
