Cochin Shipyard

Markets

FY24 Stock Market Recap: BSE PSU index gains 92%, 37 stocks surge over 100%

[ad_1] This performance is particularly noteworthy given the pressure PSU stocks faced before embarking on their bullish momentum in 2020. The BSE PSU index, a barometer of public sector enterprises’ performance, zoomed from 9,497 points to 18,274 points, translating into a stellar gain of 92.4%.  The government’s accelerated capex spending, coupled with sector-specific reasons, has helped PSU stocks achieve record gains in FY24. In the recent interim budget (FY24-25),…

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Markets

FY24 market review: 120 stocks from Nifty 500 index gave multibagger returns

[ad_1] In the Nifty500 index, 120 stocks have given multibagger returns in FY24, which means at least 100 percent gains. Meanwhile, just 51 stocks (10 percent) from the index were in the red in the current financial year. Top Gainers BSE was the top gainer in the Nifty500 index, soaring 521 percent, followed by IRFC and Suzlon Energy, which skyrocketed 462 percent and 444 percent, respectively. HUDCO, MRPL, Cochin…

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Markets

Cochin Shipyard shares soar 298% in one year; can this upside momentum continue?

[ad_1] In only a single year, Cochin Shipyard’s stock value has surged significantly. Trendlyne data indicates that in a single year, the share price of Cochin Shipyard increased by almost 298% from the last trading price of ₹902.45. Cochin Shipyard’s chief business is building new ships as well as repairing and refitting old ones. On Friday’s session, Cochin Shipyard share price ended 0.59% higher at ₹901.65 apiece on BSE.…

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