10 key points you know before investing on Cochin Shipyard’s share
Here are 10 key points to know before investing in Cochin Shipyard's (CSL) share:CSL is India's largest public sector shipyard with a strong presence in shipbuilding and ship repair.
It has a dominant market share in India and caters to clients like the Indian Navy, Coast Guard, international shipping firms etc.
CSL has a consistent track record of profitability, revenue growth and healthy dividends.
The company has a strong order book of over ₹25,000 crore providing good revenue visibility.
CSL is diversifying into new areas like solar PV manufacturing, electric vehicle repair etc. to drive future growth.
The stock has surged over 170% from its IPO price and is trading close to its 52-week high. Valuations seem stretched.
Promoter holding is at 75% leaving low free...