Jefferies maintained a buy rating on L&T with a target price of Rs 3050. H1 should see order flow traction as elections drive front-ended FY24E order flow.
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.