Shares of Cochin Shipyard surge over 4% amid speculation of a major deal with Hyundai.

Shares of Cochin Shipyard Ltd rose by over 4% on Thursday ahead of its Q4 results, driven by speculation of a potential ₹10,000 crore collaboration with HD Hyundai. Despite clarifying it has not issued any official statement, the company confirmed it is assessing strategic possibilities with multiple entities. Analysts predict a 39% revenue growth for Q4, primarily due to ASW Corvette and NGMV projects and strong ship repair business performance. The stock is trading at ₹1,773, with a bullish trend and upside targets around ₹1,850-₹1,920. However, Antique Stock Broking has a 'Hold' rating and a target of ₹1,481.