So that is why I do not think rural demand is going to be faltering or anything. It is unlikely. The other indicators which have been continuously being watched by Reserve Bank about the rural demand is also showing up positive signs.
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.