Home / Markets / News / Mazagon Dock Shipbuilders hits new high on heavy volumes; up 27% in 2 days

Mazagon Dock Shipbuilders hits new high on heavy volumes; up 27% in 2 days

At 10:49 am; MDL traded 12 per cent higher at Rs 396, as compared to 1.4 per cent decline in the S&P BSE Sense

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Workers and engineers from Mazagon Dock Ltd cheer during the floating out of the first project 75 (Scorpene) submarine on pontoon at the Mazagon dock, in Mumbai

SI Reporter Mumbai

3 min read Last Updated : Aug 29 2022 | 11:39 AM IST

Shares Mazagon Dock Shipbuilders Limited (MDL) hit a record high of Rs 397.95 as they rallied 12.5 per cent on the BSE in Monday’s intra-day trade on the back of heavy volumes. The stock has surged 27 per cent in the past two trading days.

At 10:49 am, MDL traded 12 per cent higher at Rs 396, as compared to 1.4 per cent decline in the S&P BSE Sensex. The average trading volumes on the counter more than doubled with a combined 7.9 million equity shares, representing 4 per cent of the total equity of MDL, changing hands on

Topics : Buzzing stocks Mazagon Dock Shipbuilders Shipping sector Shipping industry Indian submarine warship builders stocks to watch

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