Wednesday 2 June 2021

Cochin Shipyard

Reasons for buying:



Buy PE was reasonable at 8.16 is less than 10 years PE median of 9.55.

Earnings growth is good since 2012 although there is a dip in 2015.

Return on equity is good at 17%.

The debt of the company is 123.00 with 2,195.22cr cash.

The market cap of the company is 5,101.79cr.


Buy date: 21-Dec-2020

Qty: 28    Buy Price: 347.6    Buy EPS: 42.58    Buy PE: 8.16


Q4 results were not released but the current EPS is 38.77 down about 38.95% from my buy EPS in Q3.

The price of the stock is up about 11% from my buy price and received 364 as dividends so far.

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