Cochin Shipyard shares hit new high after a 300% rally in a year; charts suggest more steam left

From Living Media India Ltd.: 2024-04-02 00:24:59

Shares of Cochin Shipyard Ltd hit a new all-time high of Rs 982.60, surging 11% in the previous session. The stock has rallied over 42% in 2024 and 80% in the last six months, turning into a multibagger with a 300% return in the last year. Technical analyst Shiju Koothupalakkal predicts further gains to Rs 1,020 and Rs 1,115 levels.



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