Defense stocks surge up to 7% led by Mazagon Dock. Here’s why

Defense stocks surge up to 7% led by Mazagon Dock. Here’s why

Defense sector stocks gained up to 7% on Tuesday led by state-run Mazagon Dock Shipbuilders which hit the day’s high of Rs 2,219.90 on the NSE following an order for constructing DWT Multi-Purpose Hybrid Power Vessels for an undisclosed amount from a European client. Cochin Shipyard, Bharat Electronics (BEL), Hindustan Aeronautics (HAL), Bharat Dynamics, Bharat … Read more

Shipping stocks gain up to 13%. Mazagon Dock, Cochin Shipyard lead the pack

Shipping stocks gain up to 13%. Mazagon Dock, Cochin Shipyard lead the pack

Shipping stocks gained up to 13% on the NSE on Friday, with Mazagon Dock Shipbuilders and Cochin Shipyard leading the pack, followed by Shipping Corporation of India (SCI), Great Eastern Shipping Company, and Garden Reach Ship Builders & Engines, which gained 6.27% and 3.19% in the opening trade. Shares of state-owned Mazagon Dock hit their … Read more