Cochin Shipyard shares tank 8% after Q2 profit drops, provisions quadruple from last year
Shares of state-run Cochin Shipyard Ltd. fell as much as 8% on Thursday, November 13, as they will be reacting to their September quarter results that were reported after market hours on Wednesday. The company’s revenue declined by 13% from last year to ₹951 crore, while brokerages such as Kotak were expecting the company’s topline…