CosmicTaco

Mazagon Dock Shares Surge 6%

CosmicTaco · 2024-09-03T11:01:41.169244+05:30

- **Mazagon Dock Shipbuilders Ltd** shares gained 6.26% to Rs 4462.95 on Tuesday morning trades. - The stock is down 24% from its record high but up 133% in a year and 1,006.78% in two years. - Market cap stands at Rs 88,880.75 crore with a turnover of Rs 44.78 crore. - Technicals show RSI at 36.8, indicating neutral trading; support at Rs 4,150 and resistance at Rs 4,500. - Analysts recommend a 'sell on rise' strategy but suggest buying on dips around Rs 3,800 and Rs 3,500.

Mazagon Dock Shipbuilders Ltd shares gained 6.26% to Rs 4462.95 on Tuesday morning trades.
The stock is down 24% from its record high but up 133% in a year and 1,006.78% in two years.
Market cap stands at Rs 88,880.75 crore with a turnover of Rs 44.78 crore.
Technicals show RSI at 36.8, indicating neutral trading; support at Rs 4,150 and resistance at Rs 4,500.
Analysts recommend a 'sell on rise' strategy but suggest buying on dips around Rs 3,800 and Rs 3,500.