Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Company News

Mazagon Dock Shipbuilders Ltd
Mazagon Dock inks MoU with Tamil Nadu for potential greenfield shipyard on India’s eastern coast.
Sep 24,2025

Guidance Tamil Nadu is the Tamil Nadu’s nodal agency for investment promotion and facilitation.

The aforementioned MoU has been signed under the the framework of the Government of India’s Maritime Amrit Kaal Vision 2047.

Maritime Amrit Kaal Vision 2047 is a 25-year strategic blueprint by the Indian Ministry of Ports, Shipping and Waterways. It aims to transform India into a global maritime power by 2047.

The plan envisions an investment of about Rs 80 lakh crore over the next 25 years into ports, shipping, inland waterways, infrastructure, and maritime logistics.

Mazagon Dock Shipbuilders is engaged in building and repairing ships, submarines, various types of vessels, and related engineering products.

In Q1 FY26, its consolidated net profit fell 35% to Rs 452.15 crore even as revenue from operations rose 11.4% year-on-year to Rs 2,625.59 crore.

The scrip rose 0.49% to currently trade at Rs 2,953.90 on the NSE.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise