Extending gains to the eighth consecutive session, multibagger defence stock Mazagon Dock Shipbuilders climbed over half a per cent in morning trade on the NSE on Thursday, September 18. Mazagon Dock Shipbuilders share price opened at ₹3,008.50 against its previous close of ₹2,997 and rose 0.70 per cent to hit an intraday high of ₹3,017.90.
Mazagon Dock shares have given a healthy return of 34 per cent year-to-date (YTD), while over the last year, the stock has risen 44 per cent, hitting a 52-week high of ₹3,775 on May 29 and a 52-week low of ₹1,918.05 on February 19 this year.
Over a five-year timeframe, the stock has delivered a multibagger return of nearly 3,480 per cent.
On December 27 last year, the stock underwent a 1:2 split. Each share with a face value of ₹10 was divided into two shares of ₹5 each.
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