Mazagon Dock Shipbuilders Shows Resilience with Strong Performance Amid Market Decline

Jan 23 2025 10:35 AM IST
share
Share Via
Mazagon Dock Shipbuilders experienced a notable increase on January 23, 2025, marking a reversal after two days of decline. The stock is trading above key moving averages and has outperformed the Sensex over the past month, highlighting its strong position in the shipbuilding industry.
Mazagon Dock Shipbuilders has demonstrated notable activity on January 23, 2025, with a significant gain of 5.48%. This increase positions the stock as a strong performer within the shipbuilding industry, outperforming its sector by 3.12%. After two days of decline, the stock has successfully reversed its trend, reaching an intraday high of Rs 2417, reflecting a 5.59% increase.

Currently, Mazagon Dock is trading above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a positive market strength. The stock's one-day performance of 5.59% notably exceeds the Sensex's modest gain of 0.33%. Additionally, over the past month, Mazagon Dock has outperformed the Sensex, achieving a 3.41% increase while the broader market has declined by 2.39%. This performance underscores Mazagon Dock Shipbuilders' resilience and strong position in the shipbuilding sector.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News