The Economic Times

Cochin Shipyard shares tumble 12% over 2 sessions. Should you buy after multibagger corrects 26% in a year?

Cochin Shipyard shares fell sharply for a second straight session after management indicated a lower EBITDA margin target for the next two financial years. Despite near-term pressure, the company retains strong order visibility, while its joint venture with Drydocks World could support ship-repair growth.