Mazagon Dock Shipbuilders share price cracks 8%, snaps 7-day winning run as Q4 profit drops 51%

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Mazagon Dock Shipbuilders shares fell 8% on May 30, ending a six-day winning streak, after reporting a 51% drop in net profit to ₹325.3 crore for the March quarter, despite a 2.3% rise in revenue to ₹3,174 crore.