Cochin Shipyard shares hit 5% upper circuit as Adani gives big order

Cochin Shipyard share price: Adani Ports has awarded a Rs 450 crore order to Udupi Cochin Shipyard, a subsidiary of Cochin Shipyard, for the construction of eight advanced harbor tugs. Deliveries will begin in December 2026 and continue until May 2028, enhancing efficiency and safety at Indian ports. This follows previous successful contracts for ASD tugs, expanding the fleet for reliable port services.