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Mazagon Dock Rises 2% After ₹452-Cr Acquisition of Colombo Dockyard in Sri Lanka

  • By admin
  • June 30, 2025
  • 2 Views

🚢 Mazagon Dock Share Price Update – June 30 Highlights

📉 Stock Movement:

  • 🔻 Shares fell over 2%, trading at ₹3,246 in the afternoon
  • 📊 Despite the dip, investor sentiment remains positive on strategic news

🌍 Big Development:

  • 🛠️ Mazagon Dock Shipbuilders announces its first international acquisition
  • 🇱🇰 To acquire Sri Lanka’s Colombo Dockyard for ₹452 crore

📈 Market Reaction:

  • 📢 Investors view the acquisition as a strategic global expansion
  • 🔍 Analysts monitoring how the deal boosts Mazagon’s defence and shipbuilding footprint abroad

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