Mazagon Dock Shipbuilders Limited Share Price & Analysis

Today's Price Action

The stock trades at ₹2,475, unchanged from the previous session. The daily turnover of 7,34,840 shares matches the 20‑day average volume, indicating that trading activity is in line with recent norms and that there is no immediate surge in participation.

Valuation Snapshot

Mazagon Dock Shipbuilders Limited carries a price‑to‑earnings multiple of 36.1, considerably higher than the sector average, which is currently recorded at zero due to a lack of earnings for peers. The return on equity stands at a robust 29.2%, suggesting that the company generates strong earnings relative to its capital base.

Key Levels to Watch

The current price sits roughly midway between the 52‑week low of ₹2,057 and the high of ₹3,061, providing a cushion above the lower bound while leaving considerable upside to the upper bound. Open‑interest data for the nearest weekly options show notable concentration around the ₹2,300–₹2,350 strike range, which may act as a short‑term support‑resistance zone.

Chart Pattern

In the daily timeframe, a bullish engulfing candle formed two sessions ago, followed by a bullish harami four sessions back, and a bearish marubozu five sessions earlier. These candlesticks reflect short‑term shifts in supply‑demand dynamics, with the engulfing and harami patterns suggesting temporary buying pressure, while the marubozu points to a prior single‑session sell‑off.

Data Summary

Key metrics include a P/E of 36.1, a P/B of 0, and an ROE of 29.2%, alongside a market‑cap that is currently reported as ₹0 Cr. The stock’s price range of ₹2,057 to ₹3,061 over the past year frames the present level of ₹2,475 within a relatively wide band, while volume remains consistent with its 20‑day average.