Comparative analysis of shipbuilding companies; Mazagon Dock jumps nearly 13 per cent!

The top gainer amongst the three is Mazagon Dock Shipbuilders, aptly called ‘Ship Builder to the Nation’. It is one of India’s leading defence public sectors

The Indian benchmark indices started the brand-new week on a fragile note as the bear woke up after Federal Reserve Chairman Jerome Powell, at his Jackson Hole appearance, mentioned that interest rates may continue to rise in order to combat inflation. As a result, growth is expected to take a backseat and it seems inflation remains a hard beast to tame.   

Amidst all this chaos, there was a group of stocks that hogged most of the limelight. These stocks belonged to shipbuilding companies and they rose between 4 and 13 per cent on a black Monday.  

The top gainer amongst the three is Mazagon Dock Shipbuilders, aptly called ‘Ship Builder to the Nation’. It is one of India’s leading defence public sectors, undertaken under the Ministry of Defence. The stock jumped nearly 13 per cent and clocked a fresh 52-week high on the bourses. It witnessed astonishing volume as well. However, since the article is about comparing these stocks (Mazagon Dock Shipbuilders, Cochin Shipyard, and Garden Reach Shipbuilders & Engineers) with an aim to help readers get a better idea of which company is attractively placed, let's quickly glance at the table below:

Would you like to see more such comparative analysis? Please leave your valuable suggestions in the comments sections! 

2 comments on article "Comparative analysis of shipbuilding companies; Mazagon Dock jumps nearly 13 per cent!"

Ajay Chaturvedi Chaturvedi

YES PLZ

8/30/2022 12:30 AM

Suman Chatterjee

Fantastic article. Will love more such.

8/30/2022 7:34 PM

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