Multibagger Stock Has Risen Over 200 Percent; What to Expect Further?

We are talking about Mazagon Dock share, which has given 200% return in a year.

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Mazagon Dock Shipbuilders Ltd. (MDL) delivered strong financial results in the December quarter.

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Net profit: Surged 77% YoY to Rs 626.8 crore.

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– Revenue: Jumped 30% to Rs 2,362.5 crore.

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– EBITDA: Soared 82% to Rs 539 crore, with the margin improving to 22.8%.

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The company operates: Warships and submarines for the Indian Navy, offshore platforms for oil drilling, tankers, cargo ships, passenger vessels, and ferries.

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Premier shipbuilding yard in India, contributing to the country’s defense and maritime industry.

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