India's Mazagon Dock Shipbuilders up on ONGC contract

Mazagon Dock Shipbuilders

11/12/2023 04:35

** Shares of Mazagon Dock Shipbuilders  MAZG.NS  rise 3.7%
to 2,136.4 rupees
    ** The engineering products builder wins contract worth
11.45 bln rupees ($137.31 mln) from Oil and Natural Gas Corp
 ONGC.NS  
    ** Stock trading above its 200-day simple moving average
since Aug. 2022
    ** Stock up nearly 164% YTD



($1 = 83.3850 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))