Mazagon Dock, Cochin Shipyard, Garden Reach soar to record highs; adds Rs 1.5 lakh crore to market capitalisation in 2024 – Market News

Mazagon Dock, Cochin Shipyard, Garden Reach soar to record highs; adds Rs 1.5 lakh crore to market capitalisation in 2024 – Market News

India’s leading shipbuilders, Mazagon Dock Shipbuilders, Cochin Shipyard, and Garden Reach Shipbuilders, have reached unprecedented heights, with their market capitalisation collectively increasing by nearly Rs 1.5 lakh crore in 2024.  This surge follows as media reports earlier reported, highlighting an initial increase of Rs 90,000 crore. Remarkably, in just 13 trading sessions since that report, …

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Multibaggers: 3 shipbuilding stocks including Cochin Shipyard gained between 200% and 725% in a year

Multibaggers: 3 shipbuilding stocks including Cochin Shipyard gained between 200% and 725% in a year

PSU stocks are once again asserting their dominance on Dalal Street, with majority of them resuming their winning streak in recent sessions. Investors continue to add them to their portfolios, despite some trading at elevated valuations. Fueling the recent surge in PSU counters are defence stocks, especially those involved in shipbuilding. These companies are experiencing …

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