Mazagon Dock shares crash 13% after Q2 results to hit 52 week low; check fresh price targets
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Mazagon Dock shares fell 13 percent to hit a 52-week low after weak September 2026 results.
- ✓The firm reported a 54.1 percent profit drop to Rs 749 crore.
- ✓Antique Stock Broking said, "The order funnel remains robust, and finalisation of P75I can significantly elevate the order book and drive growth."
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- MARKET
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- Business Today
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- India Economy
Mazagon Dock share price: State-run defence player Mazagon Dock Shipbuilders Ltd has been hit hard following a muted set of numbers in the September 2026 quarter. The stock has cracked as much as 13 per cent in just two sessions to hit new 52-week lows after its results were declared and brokerages trimmed their price targets.
Shares of Mazagon Dock dropped more than 3.8 per cent to Rs 1,688.35, hitting fresh 52-week lows, with its market capitalisation slipping below Rs 70,000 crore. However, the stock dropped as much as 13 per cent from its price of Rs 1,933 on Tuesday. The stock is down more than 41 per cent from its 52-week high of Rs 2,882.85, hit a year ago.
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