Gains of 100% in 6 months! Is it still wise to own this shipbuilding stock? In the previous six months, Mazagon Dock Shipbuilders Ltd. has more than doubled investors’ wealth, but in only three months, it became rangebound. On the weekly charts, however, the stock is currently displaying indications of bottoming out as the price broke…
Shares of Cochin Shipyard dropped 5% as the government sells its interest. Cochin Shipyard Share Price: Through an offer for sale, the government plans to sell up to 5% of its Cochin Shipyard interest. The shares are being offered at a floor price of Rs 1,540 apiece, which is 8% less than the closing price….
Keep an eye on defense stocks having an orderbook valued at ₹94,000 Cr. Because of the government’s support, the long-term contractual obligations, and the consistent demand for defense shares, investing in them offers financial development. You can add the defense stock, which is the leading producer of defense equipment for the Indian government in the…
