The five-day-long event saw the participation of an Australian submarine, and 11 surface ships including a US Navy nuclear-powered aircraft carrier with its integral air elements
In the last three months, Mazagon Dock Shipbuilders has zoomed 196 per cent as compared to a 4.5 per cent rise in the S&P BSE Sensex
Sun Pharmaceutical Industries is the only other stock among the Sensex 30 and Nifty 50 that trades in the overbought category, technically.
In the past three months, the market price of MDL more-than-doubled or zoomed 136 per cent, as against 9 per cent rise in the S&P BSE Sensex.
The defence procurement budget is likely to increase considerably for FY24E with the share of imports coming down further, according to analysts.
The 7,400-tonne ship is the lead vessel in a new class of four guided missile destroyers that Mazagon Dock Ltd, Mumbai is building under Project 15B
Rear Admiral (Retd) Rahul Shrawat, who heads Naval Group India, talks to Ajai Shukla about Naval Group's ambitions
On the sectoral front, the Nifty Metal index skid 1.7 per cent, followed by the Nifty FMCG index declined 1.5 per cent
All that happened in the markets today
The retail portion was subscribed nearly 4 times, while the institutional investor category was over-bid by 90 times
Likhitha Infrastructure's Rs 61-crore IPO garnered nearly three times subscription. All the three IPOs close on Wednesday
All that happened in the markets today
All that happened in the markets today
The company is primarily engaged in constructing and repairing warships and submarines for MoD and other types of vessels for commercial clients
The Rs 600-crore IPO of Angel Broking garnered nearly four times subscription
INS Khanderi is being delivered more than six years late, well over cost and with several defects that remain to be resolved
The selection process for Mazagon Dock MDL Apprentice Jobs 2019 will be conducted on August 2, 2019
This is a good opportunity to revive several private sector shipyards, which were booming just a decade ago but are languishing now due to a lack of new orders
Govt could decide ahead of former's public listing