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Mazagon Dock hits new 52-week high on delivering fourth scorpene class submarine ‘Vela’ to Indian Navy

10 Nov 2021 Evaluate

Mazagon Dock Shipbuilders is currently trading at Rs. 312.95, up by 2.25 points or 0.72% from its previous closing of Rs. 310.70 on the BSE.

The scrip opened at Rs. 310.00 and has touched a high and low of Rs. 317.40 and Rs. 308.35 respectively. So far 83048 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 317.40 on 10-Nov-2021 and a 52 week low of Rs. 170.90 on 10-Nov-2020.

Last one week high and low of the scrip stood at Rs. 317.40 and Rs. 297.25 respectively. The current market cap of the company is Rs. 6270.54 crore.

The promoters holding in the company stood at 84.83%, while Institutions and Non-Institutions held 1.35% and 13.83% respectively.

Mazagon Dock Shipbuilders (MDL) continues its saga of ‘self-reliance’ ‘AatmaNirbhar Bharat'and ‘Make in India’ Initiative of the Government of India, with the delivery of the fourth Scorpene Submarine of Project P-75 to the Indian Navy, subsequently to be commissioned into Indian Navy as INS Vela.

With the delivery of Vela, India further cements its position as a submarine building nation and MDL has lived up to its reputation as one of the India’s leading shipyards with capacity and capability to meet requirements and aspirations of the Indian Navy in all dimensions. The delivery of four Submarines namely, Kalvari, Khanderi, Karanj and now Vela, reaffirmed India's membership in the exclusive group of submarine building nations.

Mazagon Dock Shipbuilders is the India's leading defence public sector undertaking shipyard under the Ministry of Defence. It is primarily engaged in constructing and repairing warships and submarines for the MoD and other types of vessels i.e. cargo ships, multipurpose support vessels, barges and border outposts, tugs, dredgers, water tankers, etc. for commercial clients.

Mazagon Dock Ship Share Price

2630.55 12.25 (0.47%)
20-Apr-2026 15:04 View Price Chart
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