Cochin Shipyard's Stock Sees Decline Amidst Mixed Performance in Ship Building Industry

Sep 19 2024 10:50 AM IST
share
Share Via
Cochin Shipyard, a leading ship building company in India, has seen a -3.08% decline in its stock price on September 19, 2024. This is in line with the sector's performance, but the stock has been on a consecutive fall for the last 4 days, resulting in a -7.95% loss in returns. Moving averages indicate a mixed trend and the stock has also seen a -3.28% decline in the ship building industry. While the stock's performance has not been as strong as the overall market, investors are advised to hold their positions and monitor closely.

Cochin Shipyard, a leading ship building company in India, has seen a decline in its stock price by -3.08% on September 19, 2024. This has led to a 'Hold' call by MarketsMOJO, a leading stock analysis platform.

The stock's performance today has been in line with the sector, but it has been on a consecutive fall for the last 4 days, resulting in a -7.95% loss in returns during this period. The stock also touched an intraday low of Rs 1665, a decrease of -3.51%.

While the stock's moving averages are higher than the 200 day moving average, they are lower than the 5 day, 20 day, 50 day, and 100 day moving averages. This indicates a mixed trend in the stock's performance.

In the ship building industry, Cochin Shipyard's stock has fallen by -3.28%, reflecting the overall trend in the sector.

Comparing the stock's performance to the Sensex, Cochin Shipyard has seen a -3.16% decline in the last 1 day, while the Sensex has shown a positive growth of 0.55%. In the last 1 month, the stock has seen a -22.44% decrease, while the Sensex has shown a growth of 3.70%.

While Cochin Shipyard is a largecap company, its recent performance has not been as strong as the overall market. Investors are advised to hold their positions and monitor the stock's performance closely. This news article is for informational purposes only and does not recommend any action or provide any investment advice.
{{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