Cochin Shipyard jumps on ₹250 cr Polestar tug order
Cochin Shipyard Limited shares jumped 2% to ₹2,088 on Monday, after securing an order worth up to ₹250 crores from Polestar Maritime Limited for the construction of two Tugs of 70 T Bollard Pull Power. Construction will be a collaborative effort between CSL and Udupi-CSL under a work-share model, with both vessels being built at CSLs yard in Cochin.