“We see recent softness driven by higher oil prices as an opportunity to raise exposure,” said Nomura’s analysts including Chetan Seth, Anshuman Agarwal, and Ankit Yadav in the firm’s Asia strategy note to clients. “While this weakness may persist in the near term, thus presenting even better timing, we think the window of opportunity might not be open for too long.”
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.