Despite Profit Plunge, Nirmal Bang Bets Big on Mazagon Dock’s Future
Shares of Mazagon Dock Shipbuilders Ltd. (MAZDOCK), a prominent defense PSU, recently took a 7% hit after reporting disappointing March quarter results. Despite this, Nirmal Bang Institutional Equities is still bullish, maintaining a “Buy” rating and raising its target price to Rs 4,350, suggesting a potential 25% upside. Q4 Performance and Key Takeaways The March … Read more