The share of Majgaon Dock Shipbuilders was rocked during the intraday trade on Wednesday amidst constant disappointment in the domestic stock market. The company’s stock jumped up to 11 percent. Relief in the market also supported the stock. In February 2025, the company’s stock fell more than 20 percent before today. Talking about today’s business, initially the price of the share of Majgaon Dock Shipbuilders opened at ₹ 1948.55 on BSE. This is slightly less than the closed price of the previous season ₹ 1961.30. During the moving of the business, the share price of Majgaon Dock Shipbuilders later increased and it reached Intrade High of ₹ 2,177.5. That is, the intraday increased by more than 11%.
How many closed today
The shares of Majgaon Dock Shipbuilders on BSE closed at the end of ₹ 2179.45 at the end of trading with a rise of 11.15 percent, while the company’s stock on NSE at the end of Wednesday at Rs 2,170 at the end of business at the end of business on Wednesday at Rs 2,170 Closed.
Share price ₹ 2,499 in late January
According to the news, the price of the share price of Majgaon Dock Shipbuilders reached a low of ₹ 1961.30 on Tuesday, compared to ₹ 2,499 in late January. So in February, the stock market has declined by more than 20%. Some relief in the market is also getting strengthened.
Emphasis on developing technology for marine industry
Two months ago, an agreement has been signed to develop technology for marine industry in Majgaon dock shipbuilders and government -owned BEML. BEML will provide technical assistance for the design and construction of strategic devices suitable for especially marine applications. MDL will provide dedicated facilities to BEML’s research team, which will facilitate new technology and system development, testing and verification.
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