Dock Shipbuilders Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shares of multibagger defence stock Mazagon Dock Shipbuilders Ltd have turned negative this year. Mazagon Dock share price has fallen 6% in 2024. On the other hand, the stock zoomed 202% in a year and gained 742% in two years. Mazagon Dock stock rose 2.05% to Rs 2191 amid correction in the broader market today. Total 0.23 lakh shares of the firm changed hands amounting to a turnover of Rs 4.84 crore. Market cap of Mazagon Dock rose to Rs 43,434 crore on BSE.

Mazagon Dock share price today: The multibagger stock rose 6.43% intraday to Rs 2475 against the previous close of Rs 2325.35 on BSE. Market cap of Mazagon Dock rose to Rs 48,858 crore on BSE.

Mazagon Dock shares rose 6.04% intraday to Rs 2490 against the previous close of Rs 2348.10 on BSE. Market cap of Mazagon Dock rose to Rs 49,293 crore on BSE.

Shares of defence firm Mazagon Dock Shipbuilders have given exceptional returns to their investors in the last 3 years. The stock surged from ₹218 in January 2021 to around ₹2,300 currently, rallying almost 955 percent in 3 years.

The BJP government has initiated various measures to increase the operational autonomy of the PSU companies and proposed significant reforms and divestment in these companies. Shares of power sector lenders REC and Power Finance Corporation have climbed 252 per cent and 241 per cent, respectively, in 2023, so far.