Indian defence stocks have seen a remarkable rally in recent years, fueled by strong order wins, revenue growth, and the government’s significant push for indigenisation in the defence sector. However, this impressive surge has led many of these stocks to trade at high valuations, raising concerns about their potential for […]
Mazagon Dock Shipbuilders
Small-cap and mid-cap stocks have witnessed an explosive surge of more than 25%, indicating a broad-based market rally and a potential change in investor sentiment. What’s even more intriguing is how individual stocks have defied expectations. Cochin Shipyard, the belle of the ball, was the Sensex’s best-performing stock during the […]
Shipbuilding stocks were booming on Thursday amid news developments, and Union Budget hopes. Shares of Mazagon Dock Shipbuilders surged over 6% to touch 52-week and surpassed ₹1 lakh crore in market cap for the first time in a bull market. The other stocks that followed the 52-week high club were […]
Trendlyne data shows that the Sensex closed the month of May down 521.47, or 0.70%, while the Nifty 50 concluded the month down 74.15, or 0.33%. Also Read: Sensex, Nifty 50 break 3-month gains to end May in red; 5 major triggers to watch out for in June The S&P […]
As a result, defence stocks have emerged as standout performers over the past year, multiplying their investors’ wealth in a remarkably short span. Among the top performers in the defence industry, Mazagon Dock Shipbuilders has excelled, with a stellar return of over 277% in the past year. The company is […]