Cochin Shipyard wins ₹6,000 crore Navy contract for survey vessels
pre-market1 source ↓written by the desknot a recommendation
- valued at approximately
- ₹6,000 crore
- quoting
- ₹1,000 crore per vessel
Cochin Shipyard Ltd is poised to secure a significant contract from the Indian Navy for six large survey vessels valued at approximately ₹6,000 crore. The shipyard emerged as the lowest bidder, quoting under ₹1,000 crore per vessel. The Navy is expected to announce the official bid results soon, which may enhance market sentiment for the company.
Not investment advice. For informational purposes only.