InvestorQ : Why are shipbuilding stocks rocking so much?
Rashi Mehra made post

Why are shipbuilding stocks rocking so much?

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Archita Jajjoo answered.
1 month ago
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Shipbuilding stocks are literally on fire with orders pouring from the defence sector. Stocks touching upper circuit and getting close to their 52 week highs include Garden Reach Shipbuilders, Mazagon Docks and Cochin Shipyards. There is strong earnings outlook and robust defence orders. The story is largely about the big flow of orders from the defence forces, farmed locally under the Atma Nirbhar yojana.

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