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Cochin Shipyard share zooms 11% on Rs 10,000-crore order from Indian Navy

Cochin Shipyard share zooms 11% on Rs 10,000-crore order from Indian Navy
Cochin Shipyard share touched an intraday high of Rs 393.7, rising 11.48% on BSE. The small cap stock has gained after 2 days of consecutive fall.
BusinessToday.In | February 23, 2021 | Updated 18:49 IST
Cochin Shipyard share stands higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
Cochin Shipyard share price rose over 11 percent intraday after the firm was declared lowest bidder by the Indian Navy for construction of six missiles. The share touched an intraday high of Rs 393.7, rising 11.48% on BSE.
The small cap stock has gained after 2 days of consecutive fall. Cochin Shipyard share stands higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.

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Stocks to watch: Wipro, 3i Infotech, Biocon, SBI Life, AU Small Finance

Here are the top stocks to watch in today's session:
Wipro: The IT services major's share buyback programme will commence today and close on January 11, 2021. In November, shareholders had approved the buyback plan for the purchase of up to 23.75 crore equity shares at Rs 400 per share.
AU Small Finance Bank: AU Small Finance Bank announced strategic partnership with ICICI Prudential Life Insurance to offer personalised insurance solutions.
3i Infotech: IT firm 3i Infotech has entered into definitive agreements to sell its software products business to the funds advised by Apax Partners for Rs 1,000 crore.
Axis Bank: Axis Bank is pruning its overseas operation as part of a strategy of focusing Indian market. It closed branches in Shanghai and Colombo last month while it is in the process of winding up Hong Kong Branch.

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