Shares of defense PSU Mazagon Dock Shipbuilders are expected to be in focus today, as the company has set September 19 as the record date for determining shareholder eligibility for dividend payments. Consequently, today is the last opportunity to purchase shares to qualify for the announced dividend of Rs 12.11 per share, which was declared … Read more
Mumbai: The revised rules on eligibility criteria for stocks to be part of futures and options could result in the inclusion of 64 to 80 stocks and the exclusion of 18 to 23 from the segment, said analysts. Jio Financial and Zomato are strong contenders for being part of the equity derivatives segment, according to … Read more
Indian benchmark indices scaled new heights gains in the last week of the June month despite mixed signals from the global market, particularly regarding inflation concerns. While the largecap stocks saw significant investor attention, the broader market of mid and small-cap segments underperformed. During the June month, as many as 187 BSE500 stocks have delivered … Read more
HDFC Defence Fund-Reg(G), which was a top performer among the equity mutual fund schemes in April with returns of 12.56%, added three new stocks to its portfolio in the month gone by. These were Garden Reach Shipbuilders & Engineers, JNK India and Mazagon Dock Shipbuilders. Meanwhile, the scheme increased its holding in seven stocks while … Read more
Shares of shipping companies jumped nearly 12% on Wednesday led by Mazagon Dock Shipbuilders which hit the day’s high of Rs 2,225.25 on the NSE. The other top gainers include Garden Reach Shipbuilders & Engineers, Cochin Shipyard, Shipping Corporation of India (SCI), and the Great Eastern Shipping Company which gained between 10% and 3%. Cochin … Read more
Mazagon Dock Shipbuilders Ltd, part of the ship-building space, has rallied more than 180% in a year but has come under some selling pressure at record highs, but it has found support around the 100-EMA on the daily charts. The stock rose from Rs 749 as on 20th February 2023 to Rs 2136 recorded on … Read more
In times when foreign investors are taking calculative bets on India, the faith of retail bulls remains unabated, as they increased their holding in more than 300 stocks for three straight quarters. Their consistent faith seems to have paid off too, because atleast 100 of the 300 stocks have given multibagger returns so far in … Read more
After a bear attack on Wednesday, bulls were quick to come back and pull small, and midcap stocks back in the green. The Nifty Midcap 100 index, which saw its biggest one-day fall in over a year on Wednesday, rebounded and rose 0.6% to 44,300 on Thursday. Meanwhile, the BSE Smallcap index gained close to … Read more
