Mazagon Dock Shipbuilders stock split today, shares drop 3%

Mazagon Dock Shipbuilders shares fell by up to 3% as the stock began trading ex-split in the ratio of 1:2. The stock split means one share of face value Rs 10 is now split into 2 shares of Rs 5 each. The company's shares have gained 103% in 2024, and the September quarter profit rose significantly.