Mazagon Dock Shipbuilders' share price fell significantly in early trading on Monday, dropping by up to 5.5% to ₹4,700.00 per share on the NSE. This decline followed a bearish report from ICICI Securities, which anticipates a substantial 77% downside for the stock.
ICICI Securities has issued a ‘Sell’ rating for Mazagon Dock Shipbuilders, citing the stock's overvaluation at its current price. The brokerage has revised its target price for the stock to ₹1,165, up from ₹900 previously. This new target suggests a potential decline of 77% based on Friday’s closing price.
#mazgaondockyard #defence #stockmarket
For more videos subscribe to our channel: / @ndtvprofitindia
Visit NDTV Profit for more news: www.ndtvprofit...
Don't enter the stock market unaware. Read all Research Reports here: www.ndtvprofit...
Follow NDTV Profit here
Twitter: / ndtvprofitindia , / ndtvprofit
LinkedIn: / ndtvprofit
Telegram: t.me/ndtvprofit...
Негізгі бет Defence Stocks LIVE News | Why Are Defence Shares Falling In Trade? | Mazagon Dock Share LIVE News
Пікірлер: 18