Mazagon Dock profit plunges 54%, shares fall 10%
Mazagon Dock Shipbuilders reported a 54.1% year-on-year decline in consolidated net profit to ₹344 crore for the September quarter, from ₹749 crore a year ago. Revenue fell 16.5% to ₹2,446 crore, and…
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Goldman Sachs initiates sell ratings on Mazagon Dock, Garden Reach
Goldman Sachs has initiated coverage on Mazagon Dock Shipbuilders Ltd and Garden Reach Shipbuilders Ltd with a 'sell' rating, setting price targets of Rs 1,855 and Rs 1,515 respectively, indicating downside potential…
India’s submarine fleet at 16, replacements years away
India's conventional submarine fleet has fallen to 16 vessels, with four Sindhughosh-class boats retired and replacement programmes still years from delivery. The Navy's 1998 target of 24 conventional submarines by 2030 has…
Mazagon Dock to build Rs 15,000-crore shipyard in Andhra Pradesh
Mazagon Dock Shipbuilders Limited (MDL) will develop a greenfield shipyard at Dugarajapatnam in Andhra Pradesh with an envisaged investment of Rs 15,000 crore over five to seven years. The MoU was signed…
German sub deal near, Denmark eyes India shipbuilding
India's plan to build six advanced conventional submarines with Germany's ThyssenKrupp Marine Systems (TKMS) has moved closer to final approval, the South China Morning Post reports. The $7.3 billion deal, known as…
Defence stocks surge, HAL, BEL, BDL, Mazagon Dock Q1 results reviewed
The Nifty India Defence Index rose 1% to a fresh high of 9,912.75 on Monday, extending gains for the fourth straight session. The rally follows a strong set of Q1 results for…
Trump lets foreign shipyards build US Navy warships, opening door for India
President Donald Trump has signed a National Security Presidential Memorandum allowing foreign shipyards to build US Navy warships for the first time since a 1968 law (10 US Code 8679) banned the…
NBCC, RVNL, Mazagon Dock, Hitachi Energy among dividend stocks
Several state-run and private companies, including NBCC, RVNL, Mazagon Dock Shipbuilders, Hitachi Energy, and Zen Technologies, are among the stocks going ex-dividend this week, NDTV Profit reports. The ex-dividend date is the…
Sensex sinks 388 points, Nifty below 24,500 as crude surges
Indian stock markets fell sharply on August 11, with Sensex dropping 388 points (0.49%) to 78,154.25 and Nifty sliding 112 points (0.46%) to 24,471.70. Early trade on August 12 saw further weakness,…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.