I mean, the only problem though is in a lot of these businesses where they have raised too much money, the incentive for founders to remain in the business when these valuation cuts happen reduces because at the end of the day, funding, you raise venture capital is in a way a glorified loan, in the sense you have to return that money before the promoters or founders get to see any money.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.
November 11, 2026