
Shipbuilding stocks rebound after three-day slide; Mazagon Dock gains 6%
After a three-day decline, shipbuilding stocks are rebounding in today’s intraday trade, with Mazagon Dock Shipbuilding gaining 6%, while Cochin Shipyard and Garden Reach Shipbuilders have seen increases of up to 5%. Recently, defence stocks experienced a sell-off after a sustained period of gains, during which they reached multiple peaks and provided significant returns to…