Cochin Shipyard shares crash 8%: Defence PSU stock Q2 profit drops 50% but declares ₹3 dividend- Still a stock to buy?

Cochin Shipyard shares fell 8% after Q2 FY27 net profit nearly halved to ₹53.77 crore, despite revenue rising 11.7%. Higher expenses and a loss in shipbuilding weighed on results. The company announced a ₹3 interim dividend.

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