Mazagon Dock Shipbuilders recorded significant financial growth in the second quarter of 2024. The company’s profit after tax soared by 75.7% compared to the same period last year. Revenue from operations also witnessed a substantial increase of 50.8%. This impressive performance was driven by a surge in EBITDA, reflecting the company’s strong operational efficiency.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce