Shares of Cochin Shipyard Ltd opened higher at ₹2,273.95 in Monday's trading session, peaking at 2,310, a 3% gain. The rise followed news of subsidiary Udupi Cochin Shipyard securing a contract with Wilson ASA, Norway, to build four 6,300 TDW Dry Cargo Vessels worth ₹1,100 crore by September 2028.