Mazagon Dock shares surge nearly 6% as MoD moves ahead with submarine plan

Shares of Mazagon Dock Shipbuilders (MDL) today surged as high as 5.9% in today’s session to an intraday high of Rs 2,423.4 on the BSE after the Ministry of Defence (MoD) gave a go-ahead to the company to move for the next stage of bidding for a multi-billion dollar submarine project.

The…