Cochin Shipyard's Stock Rebounds Amid Broader Market Decline, Signaling Potential Sector Resilience

Jun 03 2025 09:50 AM IST
share
Share Via
Cochin Shipyard experienced a notable rebound on June 3, 2025, after two days of decline, reaching an intraday high of Rs 2007. The stock is trading above key moving averages, reflecting strong momentum, while the broader shipbuilding sector also showed positive performance amidst mixed overall market sentiment.
Cochin Shipyard has shown significant activity today, gaining 4.28% on June 3, 2025. This performance marks a notable trend reversal, as the stock has rebounded after two consecutive days of decline. The stock reached an intraday high of Rs 2007, reflecting a 4.38% increase at its peak.

In terms of moving averages, Cochin Shipyard is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum relative to these benchmarks. The broader shipbuilding sector has also performed well, gaining 3.42% today.

Despite the positive movement in Cochin Shipyard's stock, the overall market sentiment appears mixed, with the Sensex experiencing a decline of 0.29% after an initial positive opening. The Sensex has faced a three-week consecutive fall, losing 1.45% during this period. In contrast, Cochin Shipyard's performance over various time frames remains robust, with a 30.66% increase over the past month and an impressive 1116.68% rise over the last three years.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News