Subscribe To Our Free Newsletter |
Cochin Shipyard shares tank 24% in one month. Is a recovery on the horizon?
Shares of Cochin Shipyard (CSL), a PSU defense stock, dropped 24% from their all-time high of 2979 within the past month and fell 8% over the last two weeks. The stock recently fell below the key 100-day Exponential Moving Average (DEMA), indicating ongoing weakness.