Cochin Shipyard shares declined, mirroring a broader retreat in defence stocks after a rally fueled by geopolitical tensions. Investors booked profits following a sharp run-up in recent sessions, impacting other defence companies like Garden Reach Shipbuilders.
InvITs industry pushes for easier M&A rules to boost investor interest
India’s InvITs sector, managing ₹7 lakh crore in assets, is urging regulators for simpler M&A rules. Industry leaders want change of control guidelines to match