Shipping stocks nosedive amid profit booking; Cochin Shipyard, Mazagon Dock fall up to 14%

The top loser was Cochin Shipyard whose stock fell by over 14% to the day’s low of Rs 1,032.25. It was followed closely by Mazagon Dock Shipbuilders which plunged nearly 13% at Rs 2,005.10 on the NSE.

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