Bad monsoons and an increase in commodity prices could hamper the current rally in India’s markets while US and European growth declines and inflation remains outside the target range may also restrict market gains, MRG Capital’s CEO Manu Rishi Guptha said. Meanwhile, a decline, if any, could be set off by geopolitical factors outside anyone’s control.
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.