Archive · 16 Dec 2025
Mazagon Dock Stock Plummets After Record High
Mazagon Dock Shipbuilders' stock has dropped 35% from its record high in May 2025.
The stock is currently oversold, meaning more people are selling than buying.
Despite this, a brokerage firm called Nirmal Bang believes the stock will recover and has set a target price of Rs 3,500.
The company builds ships and submarines and expects to have a large order book by 2027.
Some analysts think the stock will keep falling unless it goes above certain price levels.
The stock is trading lower than its average prices over different time periods.
Mazagon Dock's stock has fallen 35% from its record high of Rs 3778 on May 29, 2025.
The stock is currently oversold with an RSI of 29.6, indicating bearish sentiment.
Brokerage Nirmal Bang has a target price of Rs 3,500 for the stock, citing a strong order book expected by FY27.
Technical analysts predict a continued downtrend unless the stock rises above Rs 2,730-2,740.
The stock is trading below its 5, 10, 20, 30, 50, 100, 150, and 200-day moving averages.
- Who
- Mazagon Dock Shipbuilders Ltd (MDS)
- What
- Stock price decline and market analysis
- When
- Current session and historical data up to May 2025
- Where
- BSE (Bombay Stock Exchange)
- Why
- Bearish market sentiment and technical indicators
- Current Stock Price
- Rs 2452.80
- Record High
- Rs 3778 (May 29, 2025)
- Market Cap
- Rs 99,039 crore
- RSI
- 29.6 (Oversold)
- Brokerage Target
- Rs 3,500 (Nirmal Bang)
- 52 Week Low
- Rs 1917 (February 19, 2025)
- Order Book Target
- Exceed Rs 1 lakh crore by FY27
- P/E Ratio
- 37.5x (1-year forward)
