The stock has lost more than 23% in the last two sessions, after the company received a notice from the government to pay tax of Rs 111.4 billion along with interest and penalty for the period July 2017 to March 2022, on Friday.
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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