Mazagon Dock Share Price Today: Rs.2,530 as the Quiet Range Breaks Lower
New Delhi, Aug. 25 -- For six sessions Mazagon Dock closed inside a band of Rs.47, which on a Rs.2,500 stock is less than two percent. On Tuesday morning the bottom of that band gave way, and the volume that had drained out of the stock came back.
49 IST, down Rs.10.40 or 0.41 percent on Monday's close, and at Rs.2,528.50 on the BSE. It opened at Rs.2,539.90, ran to Rs.2,574.70 and then reversed all the way to Rs.2,520.00, the lowest the stock has traded in the seven-session stretch. Turnover of 3.42 lakh shares in 154 minutes extrapolates to roughly 8.3 lakh for the full day, against 3.75 lakh on Monday. These are live intraday figures from a session that settles at 15:30.
That is a stock that has stopped being still. The intraday rang...
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