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Shipbuilders GRSE, Cochin Shipyard soar up to 16 percent, powering Nifty Defence index on continued momentum

Shares of Mazagon Dock are higher by 23 percent in the last 30 days, while Paras Defence and Data Patterns have rallied by as much as 47 percent during this period.
Expect to get clearance from defence ministry soon: Pipavav

Shares of Pipavav Defence sank over 3.5% in morning trade on Tuesday, after its joint venture with Mazagon Dockyard was put on hold by the Defence Ministry.
Pipavav-Mazagaon Dock JV on the rocks, stock falls 4%

Pipavav Shipyard touched an intraday high of Rs 79.80 and an intraday low of Rs 77.10. At 09:17 hrs the share was quoting at Rs 77.90, down Rs 3.50, or 4.30%. Defence Ministry has put Pipavav Shipyard-Mazagon Dockyard JV on hold, reports CNBC-TV18.

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Mazagon Dockyard

Shipbuilders GRSE, Cochin Shipyard soar up to 16 percent, powering Nifty Defence index on continued momentum

Expect to get clearance from defence ministry soon: Pipavav

Pipavav-Mazagaon Dock JV on the rocks, stock falls 4%