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Defence stocks continued their upward momentum on May 14, driven by a strong rally in shipbuilding companies
Indian Navy’s exercise in Arabian Sea | File Image
Defence stocks continued their upward momentum on May 14, driven by a strong rally in shipbuilding companies. Shares of Cochin Shipyard, Garden Reach Shipbuilders & Engineers (GRSE), and Mazagon Dock surged up to 17 per cent in early trade, propelling the Nifty India Defence index over 4 per cent higher during the session.
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News business » markets GRSE, Cochin Shipyard, Other Stocks Rally Up To 17%, Nifty Defence Index Marches Forward