Cochin Shipyard: Updates on the acquisition of 23% equity stake in Conoship International Holding B.V., Netherlands'
Cochin Shipyard (COCHINSHIP) filed a disclosure titled "Updates on the acquisition of 23% equity stake in Conoship International Holding B.V., Netherlands'". The company is valued at about ₹29,726 crore.
What happened
Cochin Shipyard (COCHINSHIP) filed a disclosure with the exchanges on 28 October 2026 at 09:31 PM titled "Updates on the acquisition of 23% equity stake in Conoship International Holding B.V., Netherlands'".
From the filing: "Cochin Shipyard Limited has informed the Exchange regarding 'Updates on the acquisition of 23% equity stake in Conoship International Holding B.V., Netherlands'."
Company snapshot
Cochin Shipyard is a small-cap company in the Capital Goods sector, with a market value of about ₹29,726 crore.
The stock last traded at ₹1,129.9, against a 52-week range of ₹1,120–₹1,842.8 (38.7% below the high).
Before this filing the shares had moved −17.2% over the month and −18.0% over three months. Average daily turnover over the last 20 sessions was about ₹105 crore.
Promoters held 67.91% at the end of Q1 FY27. Foreign institutions owned 2.83% and domestic institutions 6.96%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,069 | 187.8 | 7.14 |
| Q2 FY26 | 1,119 | 107.5 | 4.09 |
| Q3 FY26 | 1,350 | 144.7 | 5.5 |
| Q4 FY26 | 1,484 | 276.5 | 10.51 |
| Q1 FY27 | 1,094 | 151.5 | 5.76 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.6% on average the next trading day and was up 5.1% on average after five days (2 filings with price data).
Across 161 similar disclosures by other Capital Goods companies, shares moved −0.2% on average the next day and −0.1% over five days; 45% of them rose the next day.
Market-wide, 2,174 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 24 Sept 2026 | Disclosure pursuant to Regulation 30 of the SEBI LODR Regulations | −3.0% | — |
| 11 Jun 2026 | Disclosure pursuant to Regulation 30 of the SEBI LODR Regulations | +1.7% | +5.1% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Cochin Shipyard cuts steel for 70-T bollard pull tugs for Svitzer A/S
- Udupi Cochin Shipyard Ltd. launches first of eight 6,300 DWT dry cargo vessels built for European firm
- Cochin Shipyard - DIIs increase stake in 8 midcap stocks in Q2FY27
- ICICI Bank, Cochin Shipyard, LTTS: Top stocks to trade — Check key levels, targets & stop loss
- Cochin Shipyard hands over FY 2025–26 profit share to Mumbai Port Authority as ship repair unit records ₹200 crore-plus turnover
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.