MAZAGON DOCK SHIPBUILDER

Ahead of Market: 10 things that will decide stock market action on Wednesday

Sensex and Nifty closed marginally lower as elevated crude oil prices and Fed uncertainty tempered sentiment. Smallcaps surged over 2%, midcaps gained over 1%, and market breadth favoured bulls, with 2,455 NSE stocks advancing.

Mazagon Dock Q2: All you need to know about PSU shipbuilder's July-September business

For Mazagon Dock, revenue from operations fell 16.5% year-on-year to Rs 2,446 crore from Rs 2,929 crore in the year-ago quarter. On a sequential basis, revenue declined 17% from Rs 2,942 crore in the preceding quarter. The pressure on profitability was also reflected in the company’s margins, which contracted to 8.1% from 23.7% a year earlier.

Mazagon Dock Shipbuilders shares crash 10% after Q2 net profit tumbles 54%; firm declares Rs 5/share dividend

Mazagon Dock Shipbuilders shares plunged 10% after the state-owned company reported a 54% year-on-year decline in Q2 FY27 net profit to Rs 344 crore. Revenue from operations fell 16.5% to Rs 2,446 crore, while margins contracted sharply. The company also declared an interim dividend of Rs 5 per share.

Stocks in news: Paytm, Tata Consumer, Dalmia Bharat, REC and DCM Shriram

Indian equity markets showed recovery with a rise in NSE Nifty 50, ending a four-session losing streak. Several companies reported their September-quarter earnings, highlighting varying financial performances. Paytm experienced significant profit growth, while Dalmia Bharat reported a net loss due to an exceptional charge. Defence stocks are also in focus following government procurement approvals. Investors continue to track earnings reports and related developments in the market.

Navy's underwater capabilities set for push after indigenous AIP system achieves crucial milestone

The Indian Navy marked a key development in enhancing its underwater capabilities with the AIP system. The inauguration of the 'Setting to Work Phase-2' activity took place in Hazira, Gujarat. This advancement will significantly improve the endurance of diesel-electric submarines during underwater operations. The AIP energy module will undergo rigorous testing before integration into Kalvari-class submarines by 2027.

Ahead of Market: 10 things that will decide stock market action on Friday

Indian equities fell sharply as rising crude prices, rupee weakness and global uncertainties pressured sentiment. Sensex lost over 460 points, Nifty declined 124 points, and BSE-listed companies lost Rs 3 lakh crore in market value.

In 1998, India planned 24 submarines by 2030, currently it has 16 and newest submarines are years away

India’s submarine fleet faces a growing replacement challenge, with 16 conventional diesel-electric boats in service and its target of 24 by 2030 delayed. Project 75I, indigenous Project 76, nuclear-powered attack submarines under Project 77 and a proposed Russian submarine lease are among the measures planned to strengthen undersea capabilities. However, lengthy procurement and construction timelines could prolong the gap as older submarines retire.

HDFC Defence Fund increase stake in HAL, Mazagon Dock, Bharat Electronics and 7 others in September

HDFC Defence Fund increased its holdings in 10 stocks in September, including Hindustan Aeronautics, Mazagon Dock Shipbuilders and Bharat Electronics, according to ACE MF data. The fund also raised exposure to Bharat Forge, Eicher Motors and Tata Motors. However, it underperformed its benchmark over the three-year period despite stronger shorter-term returns.

Divi's Labs, TVS Motor could replace Max Healthcare, HDFC Life in NSE's March 2027 index review

Divi's Laboratories and TVS Motor Company have emerged as likely contenders to replace Max Healthcare Institute and HDFC Life in the Nifty index at the March 2027 review. According to Quiddity Leaderboard, this transition may lead to significant inflows estimated at around $824 million. As the review remains in its nascent phase, further alterations to the Nifty 100 rankings are also projected.

Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%

The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is affected. But they do not all feel it equally, and it is worth knowing why every sector behaves differently at different points of time. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.

These large-, mid- & small-cap stocks can give more than 20% return in 1 year, according to analysts

Oil prices are still up, and so are bond yields, both in the US and in other major markets. And fresh troubles seem to crop up somewhere or the other in the world. That is the reality, and there is no use pretending otherwise. The fact remains that we are living in a world where there is a readjustment taking place. And that is always painful.

Bharat Dynamics among 5 capital goods stocks that hit 52-week lows and slipped up to 17% in a month

PB Fintech among 4 F&O stocks with a sharp rise in futures open interest

Stocks in news: RVNL, Lenskart, Mazagon Dock, Maruti Suzuki India and Nestle India

Indian equities concluded Friday's session with marginal gains, supported by softer crude prices. Several companies like RVNL and Mazagon Dock are expected to be in focus on Monday. RVNL secured a significant order from East Coast Railway for railway line works. Mazagon Dock plans a substantial investment in a new shipyard project. Lenskart Solutions is anticipated to see a large block deal transaction.

Mazagon Dock Shipbuilders to invest Rs 15,000 crore in Andhra shipyard

Mazagon Dock Shipbuilders will invest Rs 15,000 crore in Andhra Pradesh over seven years. A new greenfield shipyard will be developed at Dugarajapatnam, creating many jobs. This project is part of Andhra Pradesh's proposed shipbuilding and port cluster. The state's report estimates the shipbuilding yard at Rs 29,254 crore. The shipbuilding cluster is being developed under the central government's scheme.

Stocks in news: Infosys, Mazagon Dock, Fortis Healthcare, JSW Energy and Kalpataru Projects

On September 16, Indian markets experienced a careful resurgence, with the Nifty and Sensex both moving upwards. This rebound was fueled by increased investments in banking and prominent stocks following a steep drop the previous day. Key players like Infosys and Mazagon Dock are under scrutiny due to recent corporate events.

MDL plans Rs 27,000 crore shipbuilding cluster at Dighi, eyes 90,000 jobs

Mazagon Dock Shipbuilders will invest Rs 27,000 crore for a new shipbuilding cluster. This project aims to create approximately 90,000 jobs and boost India's shipbuilding capacity. The Dighi facility will enable the construction of large commercial vessels and strengthen maritime capabilities. This initiative aligns with the Centre's Greenfield Shipbuilding Cluster Development Plan. The cluster will attract technology and investment, improving global maritime competitiveness.

Buy Mazagon Dock Shipbuilders, target price Rs 4,965: Axis Securities

Axis Securities recommends buying Mazagon Dock Shipbuilders' stock, targeting a price of Rs 4,965. Currently, the stock's price is Rs 4,484.85. This small cap company operates in the Defence sector and shows positive financial growth. The stock has broken above a significant pattern, indicating an uptrend. Promoters hold an 84.83% stake in the company.

Mazagon Dock Shipbuilders shares fall over 4% after Q1 revenue declines

Mazagon Dock Shipbuilders on Thursday reported a 39.8% year-on-year (YoY) increase in net profit at Rs 314.3 crore for the first quarter of FY24. In the corresponding quarter last year, Mazagon Dock Shipbuilders posted a net profit of Rs 224.8 crore, the company said in a regulatory filing.

Mazagon Dock Shipbuilders shares jump 10%, hit new 52-week high. Here's why

The DBP has cleared the acquisition of three additional Scorpene submarines, extending the current line of boats under construction. These submarines will be more advanced versions of the current class of boats built by the yard - five have been delivered, and the sixth is expected next year.

Mazagon Dock Shipbuilders shares rise 5% after stellar Q4 performance

Mazagon Dock Shipbuilders, the Indian defence PSU firm, witnessed a 5% rise in shares after its Q4FY23 net profit more than doubled to INR326 crore from INR159 crore in the previous year's corresponding quarter. The company's Q4FY23 revenue from operations surged by 49% YoY to INR2,078.6 crore, and its earnings before interest, tax, depreciation and amortisation nearly tripled to INR211 crore YoY. The board of directors recommended an extra dividend of INR6.86 per equity share, in addition to an interim dividend of INR9.10 per equity share paid for the year.

Hold Mazagon Dock Shipbuilders, target price Rs 1025: ICICI Direct

Mazagon Dock Shipbuilders, incorporated in the year 1934, is a Small Cap company (having a market cap of Rs 17869.73 Crore) operating in Defence sector.

Mazagon Dock Shipbuilder posts manifold jump in March quarter profit

Its revenue from operations grew 6 per cent in the quarter under review to Rs 1,105.11 crore.