These 11 stocks more than doubled since the last Republic Day 2022
Mazagon Dock Shipbuilders topped the list of gainers with 178 percent returns while Adani Power rose 144 percent; Indian Bank, Varun Beverages, Swan Energy, RHI Magnesita India and Adani Total Gas were among the stocks that doubled.
Trade Spotlight | What should you do with IDFC First Bank, Mazagon Dock Shipbuilders, RITES on Friday?
RITES was up 9 percent to end at record closing high of Rs 410 and formed strong bullish candle on the daily charts with above average volumes. On monthly scale, it has been forming long bullish candle for fifth straight month
#MAZDOCK : Excellent short term bullish trend noticed in Mazdock. CMP 616-617. maintain 10% trailing stoploss and aim for more uptrend to come in near short term
This public sector stock is roaring on the back of Make in India and a strong defence budget
Delivery volume climbed by 5.48 percent over the previous month, indicating strong pricing momentum and the stock touched its new all- time high of Rs 607.9 in the early hours of trade today
Trade Spotlight | What should you do with IndusInd Bank, Adani Ports, Mazagon Dock Shipbuilders on Thursday?
Mazagon Dock Shipbuilders jumped more than 8 percent to end at record closing high of Rs 556.25, forming strong bullish candle on the daily charts with higher high higher low for fourth consecutive session. The stock gained 30 percent in these four days with above average volumes.
Trade Spotlight | What should you do with Jindal Steel & Power, Mazagon Dock Shipbuilders, and RITES on Friday?
Jindal Steel & Power gained 3.6 percent at Rs 418.2, continuing uptrend for the third consecutive session, while Mazagon Dock Shipbuilders rallied 7.7 percent to end at record closing high of Rs 461.85, forming a bullish candlestick pattern on daily charts.
Buy Mazagon Dock Shipbuilders; target of Rs 560: ICICI Direct
ICICI Direct is bullish on Mazagon Dock Shipbuilders has recommended buy rating on the stock with a target price of Rs 560 in its research report dated September 15, 2022.
The company that makes warships for the Indian Navy said it posted the highest ever revenue from operations for the June quarter at Rs 2230 crore, which was 84 percent higher from the same period last year.