Mazagon Dock Shipbuilders share price has risen 272% in last one year; is it still a buy?4 min read 09 Jun 2023, 12:51 PM IST
Mazagon Dock Shipbuilders, a leading shipbuilding yard in India, has seen its stock rise 272 per cent in the last year, with analysts predicting further gains due to strong orders and the government's Atmanirbhar Bharat and Make in India policies.
Shares of Mazagon Dock Shipbuilders have seen bewildering gains in the last one year. The stock is up 272 per cent, featuring among the top gainers in the BSE 500 index in that period and analysts believe it can rise even further even though intermittent profit booking cannot be ruled out. The stock hit its 52-week low of ₹229.65 on BSE on June 20, 2022. As of June 8, 2023, the stock is up 338 per cent from its one-year trough.
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