Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
Shipping sector stocks fell sharply on
September 12th witnessing up to 14 per cent intraday fall as investors booked
profits after a sustained rally in these stocks. The top loser was Cochin Shipyard whose stock fell by over 14 per cent
to the day's low of Rs 1,032.25. It was followed closely by Mazagon Dock
Shipbuilders which plunged nearly 13 per cent at Rs 2,005.10 on the National
Stock Exchange.
Meanwhile, Garden Reach Shipbuilders,
Shipping Corporation of India (SCI) and Great Indian Shipping Company shares
fell 6.27 per cent, 5.41 per cent and 0.95 percent, respectively.
Both Mazagon Dock and Cochin Shipyard
shares have witnessed a strong rally in recent times and have given returns of
13 per cent and 20 per cent over the past 5 trading sessions.
Others like Great Indian Shipping Company,
SCI and Garden Reach have given 6-3 per cent returns during this time.
