While there is an anticipated global growth slowdown, India’s macroeconomic condition is comparatively stronger. Although India’s growth is also expected to slow down to some extent in FY24.
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.