Mazagon Dock – Wittiya https://wittiya.com Top Business News, Stock Market Insights & Financial Updates | Wittiya Wed, 04 Jun 2025 06:32:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://wittiya.com/wp-content/uploads/2025/02/cropped-Favicons_1x_512x512-copy-3-32x32.png Mazagon Dock – Wittiya https://wittiya.com 32 32 Mazagon Dock Hits 52-Week High as Suzlon, Ola Slip Before Earnings https://wittiya.com/market/mazagon-dock-hits-52-week-high-as-suzlon-ola-slip-before-earnings/ https://wittiya.com/market/mazagon-dock-hits-52-week-high-as-suzlon-ola-slip-before-earnings/#respond Thu, 29 May 2025 08:59:04 +0000 https://wittiya.com/?p=8562 Shares of Suzlon Energy and Ola Electric faced selling pressure on May 30, 2025, ahead of their March quarter results. In contrast, Bajaj Auto and Mazagon Dock saw gains of up to 1%, with Mazagon Dock hitting a 52-week high.


Suzlon Energy, based in Pune, Maharashtra, and known for its renewable energy solutions, saw its shares slip by 1.38% to ₹65.40 on the NSE on Thursday, before trimming losses to trade at ₹65.64, down 1%. The decline comes after a four-day rally and ahead of its March quarter earnings scheduled for release later in the day.

Bengaluru-based Ola Electric, a leading player in India’s electric vehicle (EV) space, also experienced selling pressure in Thursday’s trading session. The company’s shares fell by 0.85% to ₹52.47 on the NSE ahead of its Q4 earnings release.

In contrast, shares of Bajaj Auto and Mazagon Dock Shipbuilders showed positive momentum. Bajaj Auto, headquartered in Pune, Maharashtra, traded at ₹8,892.50, marking a 0.49% gain ahead of its quarterly results.

Mumbai-based Mazagon Dock Shipbuilders, a key player in India’s defense and shipbuilding sector, surged to a 52-week high of ₹3,750 on the NSE, with a 2.35% rise. The stock later traded at ₹3,711, up 1.29%. The company has gained nearly 12% over the last seven sessions.

Investors are closely monitoring the Q4 earnings of these companies, which are likely to influence further market movement.

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