
🚢 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