New Delhi: Shares of the shipping sector PSU Cochin Shipyard Ltd are witnessing a rally ahead of the dividend record date. Today, the company's shares are trading at ₹ 1,362.30 with a rise of Rs 60.85 (4.68%). Since the stock market will be closed on November 20 due to the Maharashtra elections, Cochin Shipyard shares are being bought on the ex-dividend date.

The company has a market cap of ₹35,839.49 crore and a P/E ratio of 41.37, which indicates its profitability. Also, the company's EPS (Trailing Twelve Months) is ₹32.93 and the dividend yield is 0.72%. Looking at the valuation of the stock, the company has a P/B ratio of 6.84 and BV/share is ₹190.18. Additionally, its 52-week high price has been ₹2,979.45 and lowest ₹533.10.

If we look at the returns of Cochin Shipyard stock, it has jumped 4.68% in the last one day. However, it has fallen -0.86% in the last one week and its value has decreased by 12.9% in one month. The stock is down -36.8% in three months, but has returned 151.94% in one year. It has shown a spectacular growth of 654.53% in three years and 563.57% in five years which makes it a strong long-term investment option.

The company's beta is 0.28, making it a relatively low-risk stock. Apart from this, the company's market cap/sales ratio is 5.99
 

Dividend Record Date

Cochin Shipyard Limited has declared an interim dividend of Rs 4 per fully paid (80%) equity share of Rs 5 to its shareholders for the financial year 2024-25. According to BSE, this dividend will be traded on ex-date November 19.

Cochin Shipyard has maintained a consistently good dividend history over the years. On 23 September 2024, the company gave a dividend of Rs 2.25 per share to its shareholders. In February 2024 also, the company distributed a dividend of Rs 3.50 per share. The company has fixed 20 November 2024 as the record date for interim dividend.