Despite headline index weakness, underlying market structure shows improvement with successive higher bottoms forming. Rohit Srivastava notes heavy sectoral rotation, with banking, metals, and autos showing strength. He favors second-line private lenders over large banks for better momentum.
Cochin Shipyard Q3 Results: Cons PAT falls 18% YoY, revenue up 18%. Rs 3.50/share dividend announced
Cochin Shipyard reported an 18% YoY decline in Q3 net profit, while revenue rose 18%. Sequential profit and revenue growth, an interim dividend, and global