India's Mazagon Dock extends record high rally
** Shares of Mazagon Dock Shipbuilders MAZG.NS rise as much as 19.1% to hit new record high at 5,580 rupees
** Stock has risen 107.9% and has hit record high seven times since June 4
** Share price above 50-day, 100-day and 200-day exponential moving averages since June 5
** Stock is witnessing its most active trading session since June 16, 2023; with more than 18.7 mln shares change hands, 3.4x of 30-day avg
** Avg rating of three analysts equivalent of "hold", median PT is 2,833 rupees - LSEG data
** Stock rose ~130% in June quarter vs fall of 18.3% in March quarter
Reporting by Ashish Chandra in Bengaluru
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