11 Oct 2024

Mazagon Dock Shipbuilders Gains on Securing Rs 121.67 Crore Order

Mazagon Dock Shipbuilders is trading at Rs. 4443.95, a rise of 12.85 points or 0.29% from its last close of Rs. 4431.10 on the BSE.

The stock opened at Rs. 4460.00, reaching a high of Rs. 4483.60 and a low of Rs. 4350.00. A total of 72,605 shares have been traded so far.

This BSE 'A' category stock, with a face value of Rs. 10, hit a 52-week high of Rs. 5859.95 on July 5, 2024, and a 52-week low of Rs. 1742.00 on October 26, 2023.

In the past week, the stock's high and low stood at Rs. 4510.00 and Rs. 3851.70, respectively. The company's current market capitalization is Rs. 89,768.19 crore.

Promoters hold 84.83% of the company’s shares, while institutions hold 3.27%, and non-institutional investors hold 11.90%.

Mazagon Dock Shipbuilders has received a Purchase Order from Maharashtra State Power Generation Company (MAHAGENCO) for the supply, installation, and commissioning of an AI-based Comprehensive Infrasecure Project at GTPS-Uran and KGSC-Pophali. The total value of the order is Rs. 121.67 crore, inclusive of all taxes and duties.

Mazagon Dock Shipbuilders is a leading defence shipyard in India under the Ministry of Defence.