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Defense Stocks: Shares of Mazagon Dock Shipbuilders Limited (Mazagon Dock) are bullish at the moment. The shares of the company have seen a rise again today i.e. on Friday. Shares of Mazagon Dock Shipbuilders Limited on the BSE on Friday traded at Rs. opened at 2087.95. In no time, the stock touched an intra-day high of Rs.2483. The company’s positional investors are beaming with joy.
The defense stock announced a dividend before the record date of September 21
Mazgaon Dock shares surge
The defense stock’s share price rose nearly 19 percent on Friday. Earlier on Thursday, the stock had gained nearly 10 percent. Let us tell you that the share price of Mazagan Dock Shipbuilders has managed to increase by 300 percent in the last one year. It has proved to be the best performing defense stock.
Maharatna Company announced to issue 1 bonus share this month, record date
These defense stocks are also seeing an increase
Cochin Shipyard’s share price has seen an increase of nearly 10 percent on Friday. The reason for this increase in defense stock is the current work order of the company. Shares of Cochin Shipyard were trading around Rs 1214 at 11 am. Today, Garden Reach shipbuilders are second to none in terms of speed. The stock rose 7 percent on the BSE to Rs. reached the level of 973.