Mazagon Dock Shipbuilders Share Price: This darling inventory of protection sector in the inventory market has made investors wealthy by giving multibagger returns. Now this company has executed the work which will give the strength to the Indian Navy from the Bay of Bengal to the Arabian Sea and the Indian Ocean, after which India’s enemy nation will now not dare to present an eye fixed by way of the sea.
Mazgaon Dock handed over Waghshir to Navy
The inventory of Mazagon Dock shipbuilders might rise strongly. The company has delivered the final Scorpene class submarine named Vaghsheer to the Indian Navy on Thursday 9 January 2025. Project 75 is a vital initiative in the direction of indigenization in the protection sector. Under this venture, Mazagon Dock Shipbuilders in collaboration with Naval Group of France have ready six Scorpene class submarines. Waghsheer will be commissioned on 15 January 2025 at the Naval Dockyard in Mumbai.
Stocking of Mazgaon Dock will do wonders!
With the supply of Waghshir, an enormous motion will be seen in the inventory of Mazagon Dock Shipbuilders on Friday, January 10, 2025. On Thursday, January 9, the inventory of Mazgaon Dock closed at Rs 2232 with an increase of three.56 %. Multibagger inventory Mazagon Dock Shipbuilders has given robust returns to its shareholders. The inventory has doubled in the final one 12 months whereas it has given returns of 450 % in 2 years and 15 occasions i.e. 1500 % in 3 years. Rs 90056 crore is the market cap of Mazagon Dock Shipbuilders.
order e book of 40000 crores
Mazagon Dock Shipbuilders has issued bonus shares to its shareholders, the file date of which was 27 December 2024. The company celebrated its 250th anniversary final month. The company was established in 1774. The company obtained Navratna standing in June 2024. The company has an order e book of Rs 39,872 crore until September 30, 2024 and Mazgaon Dock Shipbuilders goes to profit additional due to the initiative of the Central Government to promote Make in India in the protection sector.
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