Why is Mazagon Dock falling/rising?
As of 25-Jul, Mazagon Dock Shipbuilders Ltd's stock price is Rs 2,886.70, down 2.48%, with a negative return of 3.19% over the past week and 9.55% over the past month. Despite strong long-term fundamentals, recent declines in investor participation and broader market trends are negatively impacting its short-term performance.
As of 25-Jul, Mazagon Dock Shipbuilders Ltd is experiencing a decline in its stock price, currently at Rs 2,886.70, which reflects a decrease of Rs 73.3 or 2.48%. The stock has touched an intraday low of Rs 2,880, indicating a downward trend. In the context of recent performance, the stock has shown a negative return of 3.19% over the past week and 9.55% over the past month, while it has still managed to deliver a positive year-to-date return of 29.57%. Despite its strong long-term fundamentals, including a healthy average return on equity of 23.87% and significant growth in net sales and operating profit, the stock's current movement is influenced by a recent decline in investor participation, with delivery volume dropping by 37.21% against the five-day average. Broader Market Context: In comparison to the benchmark, the Sensex has only fallen by 0.36% over the past week, indicating that Mazagon Dock's short-term performance is underperforming relative to the broader market. The shipbuilding sector as a whole has also seen a decline of 2.59%, which may be contributing to the stock's downward pressure. While the stock has consistently outperformed the BSE500 over the last three years, the recent short-term trends suggest that it is facing challenges that are affecting its price negatively, despite its strong long-term growth potential.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
