As the premier shipbuilding yard in India, Mazagon Dock (MDL) manufactures warships and submarines. The PSU has also embarked on a diversification drive by reviving its ship repairs & maintenance unit besides venturing into the business of shipping container manufacturing and has already bagged two orders from CONCOR.
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Currently, we are also seeing that the Fibonacci golden ratio is also coming near 24,400 level. So, closing once Nifty gets above that level on