In its last policy statement on April 6, the RBI’s Monetary Policy Committee took markets off-guard by keeping the repo rate unchanged at 6.50% as against expectations of a rate increase.
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.
Kalyan Jewellers shares surged 10% after the company reported a 64% year-on-year jump in Q2 FY27 net profit to Rs 427 crore, aided by a
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