Industrial growth hit a three-month high of 5.7% in July from 3.8% in June. “You can’t get a better time for manufacturing than now; festival season is followed by elections, with rabi and marriage season,” said Madan Sabnavis, chief economist at Bank of Baroda.
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.