Mazagon Dock Shipbuilders Ltd shares rose for the second consecutive day on Wednesday. The stock gained 6.90% to a day high of Rs 4,763. At the current price, it increased by 13.40% in just two trading days.
The rise in share comes after Antique Stock Broking analysts continue to recommend Mazagon Dock as a ‘Buy’ stock. The said, “The company is planning seven deliveries in the next two years (FY27 to witness delivery of one fast patrol vessel). This additional AoN could translate to a larger order book for MDL.”
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