2657.3000 -26.00 (-0.97%)
NSE May 08, 2026 15:31 PM
Volume: 1.4M
 

2657.30
-0.97%
ICICI Direct
Order pipeline remains robust; longer-term growth outlook intact: Order pipeline remains strong for the company, considering the opportunities from both defence & commercial segments. Contracts like six nextgeneration submarines under P-75I (expected value ~ 99,000 crore) and additional three Kalvari class submarines (expected order size 30,00040,000 crore) have already been cleared from govt and expected to be concluded in coming months. Other major contract like next-generation corvettes is also likely to be signed in coming months (MDL's associate company) - Goa Shipyard is L2 with share of ~ 13500 crore). Moreover, next-generation frigates (P-17B) & next generation destroyers (P-18) with...
ICICI Direct released a Buy report for Mazagon Dock Shipbuilders Ltd. with a price target of 3060.0 on 05 May, 2026.
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