Ukraine is also offloading a lot of wheat in the global market, they said, adding this may impact wheat prices in India, which have shot up 10-11% in the past two months. While wheat prices may cool off, they said, rice prices have increased 15% in the past fortnight as the rabi rice crop in Bihar, Uttar Pradesh, Madhya Pradesh and Odisha has not been satisfactory.
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.