Mazagon Dock Q3 Results: Revenue from operations surged 33% YoY to Rs 3,144 crore in the reviewed quarter, up from Rs 2,362 crore a year ago. EBITDA rose 51% YoY to Rs 817 crore from Rs 539 crore, with margins improving to 26%. Net profit after tax climbed 38% sequentially from Rs 585 crore in Q2, while revenues grew 14% quarter-on-quarter, reflecting strong performance.
Tech View: Nifty’s weekly bullish engulfing candle signals strength; key resistance at 23,800. How to trade on Monday
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish