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Stock Radar: This ship-building stock rose over 160% in 3 months; should you buy or book profits?
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Mazagon Dock Shipbuilders Ltd, part of the shipbuilding and allied services industry, has rallied more than 160% in just 3 months and the chart patterns suggest that the rally may not be over yet.The stock rose from Rs 716 as on April 18, 2023, to Rs 1872 recorded on August 18, 2023, which translates into an upside of 161%.Short-term traders can look to buy the stock on dips for a possible target above 2000 levels in the next 2-3 weeks, suggest
. Read more on economictimes.indiatimes.comAbout this in other media
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