From the lows of March’23, the Nifty index has staged a smart pullback of 10% over the past 2 months. The Nifty Auto, Nifty Bank, and Nifty FMCG sectoral indices are at lifetime highs.
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.