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Cochin Shipyard Shares Crash on Lower Margin Guidance

Cochin Shipyard Shares Crash on Lower Margin Guidance
Cochin Shipyard shares crash nearly 9% - Is it opportunity to buy? Should you take fresh entry? Expert suggests this · livemint.com

Cochin Shipyard builds and repairs ships, including defence vessels.

Its shares fell sharply after the company said its profit margin may settle near 14%.

Investors were worried because margins had been higher in earlier years.

One analyst said the stock’s chart looks weak and advised waiting.

Another said investors should wait until the stock forms a stable base and rises above important resistance levels.

The company still has a large order book worth about ₹22,000 crore.

It has also become the lowest bidder for Navy survey vessels worth about ₹5,000 crore.

This means the business has future work, but the share price may remain under pressure.

Investors therefore face a choice between waiting for technical recovery and considering the long-term order visibility.

Key facts

Share price
₹1,389.5, down 8.88% at 1:57 PM
FY27 revenue guidance
12% growth
Blended EBITDA margin guidance
About 14%
Current order book
Approximately ₹22,000 crore
Potential Navy contract
Approximately ₹5,000 crore for next-generation survey vessels
2026 performance
Shares were down 14.38% so far in 2026
Market capitalisation
₹36,555.07 crore

Quotes

Virat Jagad Sr

Technical Research Analyst at Bonanza

“Avoid entry now. The stock has experienced a major technical breakdown, slicing through its ascending trendline support and all major Exponential Moving Averages (20, 50, 100, and 200 EMA) around ₹1,488– ₹1,524.”
livemint.com
“Look for a base-building consolidation near the ₹1,200 -1280 support zone with declining trading volume to confirm that selling pressure has subsided.”
livemint.com

Sources

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