Mazagon Dock

Mazagon Dock share up over 2% on delivering two warships to Indian Navy

The rise in Mazagon Dock share price came after the company announced that it has delivered two warships, Nilgiri and Surat, to Indian Navy

MDL delivers stealth frigate INS Nilgiri, warship INS Surat to Indian Navy

The Mazagon Dock Shipbuilders Ltd (MDL) on Friday delivered the first stealth frigate of Project 17A class and the fourth stealth destroyer of Project 15B Class to the Indian Navy. As per an official statement, the stealth frigate will be named INS Nilgiri, and the missile destroyer will be called INS Surat after commissioning. The warships will now undergo sea trials. The Navy's Warship Design Bureau designed the warships, built by the MDL and overseen by the Warship Overseeing Team, Mumbai. The MDL said Nilgiri, the first of class (FoC) ship of Project 17A, features cutting-edge advanced technology and is comparable to the finest ships of similar class anywhere in the world. Nilgiri incorporates design concepts for improved survivability, seakeeping, stealth and ship manoeuvrability. The ship has state-of-the-art stealth features, achieved through the shaping of the hull and radar transparent deck fittings, which make ships difficult to detect. The warship is packed with an arr

Mazagon Dock shares up 2% after company fixes record date for stock split

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

German or Spanish submarine? Indian Navy's choice depends on the best AIP

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

Shipbuilding shares sink; Mazagon Dock, GRSE, Cochin Ship tank up to 10%

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.

Mazagon Dock up 7% as co to consider stock split, dividend on October 22

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

Defence stocks soar up to 7% after govt okays building 2 nuclear submarines

The Indian Navy will get two nuclear-powered attack submarines, which will boost its underwater deterrence capabilities manifold in the Indian Ocean Region.

Mazagon Dock up 3% on commencing production for Multipurpose Cargo Vessel

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.

Mazagon Dock share price gains on bagging Rs 1,486 crore contract from ONGC

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.

Analysts bullish on defence stocks as DAC okays Rs 1.4-trn acquisition

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

Defense stocks extend rally; BDL, CSL, GRSE, BEL zoom over 25% in 1 week

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.

Cochin Shipyard, Mazagon Dock, Garden Reach Shipbuilders rally up to 10%

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: Allcargo Logistics, Mazagon Dock, Cochin Ship, Inox India

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: Dr Reddy's, Mazagon Dock, Adani Ports, Concor, Inox Green

Stocks to Watch on October 10, 2023: CLSA said that the war presented an even better buying opportunity in Adani Ports

JSW Infra gains 32% on market debut; Finolex Cables withholds results

Through the IPO, JSW Infrastructure raised Rs 2,800 crore in fresh capital, which it plans to use for paring its debt

Suzlon, Mazagon Dock: 75% of Nifty SmallCap stocks trade firm above 200-DMA

Overall trend - the Nifty Small cap index continues to remain highly robust, with an intend to reach a new historic high.

Defence stocks on roll: Mazagon Dock, BDL, Cochin Shipyard surge up to 10%

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.

Mazagaon Dock extends rally to 8th straight day; zooms 27% in two days

Going ahead, analysts at ICICI Securities perceive peak execution through to FY25E based on the current orderbook visibility.

India steadily building its naval strength, but the usual challenges remain

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

26th edition of Malabar 22 draws to a close in Japan with tactical drills

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