Shipping stocks nosedive amid profit booking; Cochin Shipyard, Mazagon Dock fall up to 14%
Shipping sector stocks fell sharply on Tuesday witnessing up to 14% intraday fall as investors booked profits after a sustained rally in these stocks. The top loser was Cochin Shipyard whose stock fell by over 14% to the day’s low of Rs 1,032.25. It was followed closely by Mazagon Dock Shipbuilders which plunged nearly 13% … Read more