Mazagon Dock shares gain 24% in a month, show upward momentum. What’s ahead?

Mazagon Dock Shipbuilders' shares have surged 24% in a month, rebounding from a 51% correction. Analysts predict further gains, targeting the previous high of Rs 5,780, with support at Rs 4,740. The stock's upward momentum is fueled by a broader recovery in defense stocks and positive technical indicators.