Mazagon Dock Shipbuilders Hits Intraday Low Amid Price Pressure
Intraday Performance and Market Context
On 8 December 2025, Mazagon Dock Shipbuilders recorded a day’s low at Rs 2,532.8, marking a decline of 3.18% from its previous close. This underperformance was sharper than the Sensex, which traded down by 0.28% during the same period. The stock’s movement also lagged behind the Aerospace & Defense sector, underperforming by 2.87% today.
The broader market opened flat but soon turned negative, with the Sensex slipping 87.53 points to 85,458.35. Despite this, the Sensex remains close to its 52-week high of 86,159.02, just 0.82% away, and continues to trade above its 50-day moving average, which itself is positioned above the 200-day moving average, signalling a generally bullish trend for the…
