Market experts attributed the weakness to a combination of valuation concerns, liquidity pressures and profit booking.
Mazagon Dock Shipbuilders' shares rose after the company reported strong financial performance for the September quarter of FY26 (Q2FY26).
This renewed MoU builds upon the original agreement signed in July 2023, reaffirming the long-standing Indo-French partnership in the field of submarine design
At 10:35 AM, among others, shares of Cochin Spiyard were trading 2.39 per cent higher, Mazagon Dock Shipbuilders 1.25 per cent, Garden Reach Shipbuilders & Engineers (GRSE) up 4.77 per cent
Technical charts show that defence stocks such as BDL, Mazagon Dock, Cochin Shipyard, ideaForge and GRSE can fall another 18% from here; check support levels each defence shares here.
The Mazagon Dock Shipbuilders Limited (MDL), India's Public Sector Shipyard, has announced a "proposed acquisition" of a controlling stake in Sri Lanka's largest and most established shipyard, Colombo Dockyard PLC (CDPLC) valued at up to USD 52.96 million, a statement said on Friday. This marks MDL's first international venture and is a major milestone in the company's transformation from a purely domestic shipbuilder into a regional maritime player with global aspirations, the statement said. Strategically located within the Port of Colombo, CDPLC offers MDL a strong operational foothold in the Indian Ocean Regionone of the busiest and most geopolitically significant maritime corridors in the world. Mazagon Dock Shipbuilders Limited, headquartered in Mumbai, is India's leading defence PSU, builder of frontline warships and submarines and has played a pivotal role in the country's naval modernisation. Colombo Dockyard PLC, listed on the Colombo Stock Exchange, is the flagship of Sr
Mazagon Dock Shipbuilders posted a 51 per cent decline in profit after tax (PAT) in Q4; stock slipped 8 per cent
The stock price of state-owned shipbuilding company has bounced back 58 per cent from its previous month low of ₹ 2,207 touched on April 7, 2025.
Defence stocks: At 9:26 AM, individually, shares of Bharat Dynamics were up 1.21 per cent, Hindustan Aeronautics (HAL) were up 1.91 per cent, Paras Defence and Space Technologies were up 2.08 per cent
The defence stocks rally comes amid reports of the Pakistan army violating the ceasefire along the Line of Control (LoC) and Indian troops responding appropriately with small arms
As many as 15 out of 18 public sector companies listed over the last 8 years have given bumper returns with Mazagon Dock Shipbuilders topping the list by making investors richer by a whopping 3,700 per cent, according to an analysis. The analysis shows that barring insurance companies, all central public sector enterprises (CPSEs), especially from shipping and rail sectors, listed since May 2017 gave positive returns to investors who bought shares in the initial public offering (IPO) and have stayed invested in the company so far. Besides, Mazagon Dock Shipbuilders, Rail Vikas Nigam Ltd (RVNL), Garden Reach Shipbuilders and Engineers Ltd and Indian Railways Catering and Tourism Corporation (IRCTC) provided over 1,000 per cent returns to IPO investors. Sector wise analysis reveals that Railways and Shipping CPSEs have outperformed CPSEs in other sectors. Mazagon Dock, which listed on bourses in 2020 at an issue price of Rs 145, was trading at Rs 5,510.2 a share on April 22, 2025, ..
Stocks to Watch on Tuesday: Mahindra Logistics, steel stocks, Vedanta, Tata Power, Mazagon Dock, Coal India and HG Infra Engineering are among the stocks to watch today, April 22, 2025
After a period of being net buyers in the first half of the fiscal year, FIIs reversed their stance in the second half, unloading over ₹1.5 lakh crore worth of Indian equities
All the 16 stocks in the Nifty India Defence Index were trading higher with Garden Reach and IdeaForge leading the pack
Mazagon Dock Shipbuilders Q3FY25: Consolidated revenue from operations grew by 33% at Rs 3,143.62 crore
Q3FY25 company results, February 7: Edelweiss Financial, Delhivery, Sun TV, Ola Electric Mobility, and Dreamfolks Services will be among 234 companies releasing report for the Oct-Dec quarter
The Reserve Bank of India may cut the benchmark repo rate by 25 basis points to 6.25 per cent later in the day
The cost of the deal was initially benchmarked at approximately Rs 43,000 crore a decade ago
The clarification came from rumorus about a contract between Mazagon Dock Shipbuilders and JNPA regarding an Electric Water Taxi
The initial rally in the Mazagon Dock share was fuelled after the company secured a deal worth Rs 1,990 crore from the Ministry of Defence