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Cochin Shipyard, FirstCry, Awfis shares rally up to 12% amid strong jump in trading volumes

Cochin Shipyard share price: The defence stock has jumped over 50% in the past one month.

June 05, 2025 / 14:35 IST
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This came on the back of order hopes amid heightened geopolitical tensions. It is currently trading at a P/E ratio of 66.35.

The shares of Cochin Shipyard, FirstCry and Awfis Space Solutions recorded strong jump in their respective share prices on June 5. This comes amid heightened investor interest in the three stocks, as evident from their significant rise in trading volumes.

Cochin Shipyard shares jumped nearly 12 percent to trade at Rs 2,327 apiece. Over 1.5 crore shares of the company were involved in active trade today so far. This is nearly 2 times higher than its 10-day average volume.

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The defence stock has seen significant surge in recent days, jumping over 50 percent in the past one month. This came on the back of order hopes amid heightened geopolitical tensions. It is currently trading at a P/E ratio of 66.35.

Cochin Shipyard had reported a standalone net profit of Rs 285 crore for Q4 FY25. This marks a rise of nearly 8 percent from the Rs 265 crore net profit reported in Q4 FY24. Its revenue from operations meanwhile rose to 1,651 crore.