Mazagon Dock Shipbuilders shares surged 6.4% to Rs 2,475 in Thursday s trade on BSE after the firm signed a contract worth RS 1,070 crore with the Ministry of Defence. The deal is for the delivery of 14 Fast Patrol Vessels (FPVs).
Shares of defence firm Mazagon Dock Shipbuilders have given exceptional returns to their investors in the last 3 years. The stock surged from ₹218 in January 2021 to around ₹2,300 currently, rallying almost 955 percent in 3 years.
Mazagon Dock Shipbuilders share price: The multibagger stock has surged around 217 per cent in last six months and 177 per cent on a year-to-date (YTD) basis. On a broader duration, it has zoomed nearly 250 per cent in a year and 1,200 per cent in the past five years.
Hot stocks next week: Domestic equity market closed higher on Friday. RVNL, Titagarh Rail, Mazagon Dock, Kilburn Engineering, Waaree Renewable among stocks in focus next week. Watch this Visual Story to know more.