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The up move in the share price came after the company announced that it has fixed Friday, December 27, 2024 as the 'Record Date' for determining the eligibility of shareholders for stock-split
While conventional diesel-electric submarines can operate underwater for no more than 48 hours, those with AIP can remain underwater for up to two weeks before they must surface for battery charging
Cochin Shipyard, Garden Reach Shipbuilders & Engineers and Mazagon Dock Shipbuilders have corrected up to 51% from their respective 52-week highs touched in July 2024.
The uptick in the share price came after the company announced that the board of directors will meet on October 22 to consider stock-split and declaration of interim dividend for the financial year 20
The Indian Navy will get two nuclear-powered attack submarines, which will boost its underwater deterrence capabilities manifold in the Indian Ocean Region.
The uptick in the share price came after the company announced that it has commenced the production activity for the first Multipurpose Cargo Vessel (MPV) for Navi Merchants, Denmark.
The uptick in Mazagon Dock Shipbuilders share price came after the company announced that it has been awarded a contract from Oil and Natural Gas Corporation (ONGC) worth Rs 1,486.40 crore.
Share prices of Cochin Shipyard, Mazagon Dock Shipbuilders, Paras Defence, HAL, Garden Reach Shipbuilders, and Mishra Dhatu Nigam gained up to 3.32 per cent on the BSE
Bharat Dynamics hit a new high of Rs 1,650, zooming 17% in intra-day trade after the stock of state-owned defense company turned ex-date for 1:2 split on Friday.
Shares of Garden Reach Shipbuilders & Engineers (GRSE) surged 10 per cent to Rs 903.70 on back of two-fold jumps in average trading volumes today
Stocks to Watch on December 21, 2023: Inox India will make its debut on the bourses today; Ultratech Cement has entered into an agreement to acquire 26 per cent stake in Clean Max Terra
Stocks to Watch on October 10, 2023: CLSA said that the war presented an even better buying opportunity in Adani Ports
Through the IPO, JSW Infrastructure raised Rs 2,800 crore in fresh capital, which it plans to use for paring its debt
Overall trend - the Nifty Small cap index continues to remain highly robust, with an intend to reach a new historic high.
Mazagon Dock Shipbuilders hit a new high of Rs 1,584, as the stock rallied 10 per cent on reports that MoD has cleared the procurement of three additional Scorpene or Kalvari class submarines.
Going ahead, analysts at ICICI Securities perceive peak execution through to FY25E based on the current orderbook visibility.
Inadequate budgets, delays in placing orders and then in construction, poorly coordinated delivery schedules, and the China factor present manifold challenges for the navy, notes T N Ninan
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.