Order book of Rs. 2,20,000,000,000 this government company is beating all peers; Cochin Shipyard

 

With order book of Rs. 2,20,000,000,000 this government company is beating all peers

In this article, we are discussing Cochin Shipyard which is Government company and is in Defence sector.

About Company:-

·       Cochin Shipyard is leading Shipbuilding and repair yard company in India.

·       Company was started in 1972. Company is listed in Year 2017.

·       The company reported revenue of Rs.1011 crores in Sept’23 quarter and reported PAT of Rs.181 crores.

 

Company Returns:-

This stock has given very good returns to its investors. The company has given an excellent return of 445% since covid-19 period. On 5th June 2020, the stock was trading at Rs. 243 per share and now on 17.11.2023 the stock is trading at Rs. 1083 per share. Now if you had invested Rs. 1 lakh in the stock at that time, then its price as on today's date would be Rs 4.45 Lakhs.

The stock prices mentioned include all stock splits and bonuses issued by the company.

Dividend paid by the company:-

Company is consistent dividend paying company. Since June 2020 company has given dividend of Rs.64.25 per share. This is huge and if you have invested Rs. 1 Lakh in June 2020 you could have obtained 411 shares and against which you can have get Rs.26440 as dividend income as on date. In Sept’23 Company has announced dividend of Rs.3 per share as interim dividend and announced stock split.

Announcement Date	Ex-Date	Dividend Type	Dividend (%)	Dividend (Rs)
19-05-2023	21-09-2023	Final	30	3
10-02-2023	22-02-2023	Interim	70	7
10-11-2022	21-11-2022	Interim	70	7
20-05-2022	21-09-2022	Final	37.5	3.75
10-02-2022	21-02-2022	Interim	70	7
11-11-2021	23-11-2021	Interim	60	6
11-06-2021	21-09-2021	Final	25	2.5
12-02-2021	23-02-2021	Interim	40	4
04-01-2021	13-01-2021	Interim	90	9
22-06-2020	21-09-2020	Final	150	15
			Total	64.25