NSE: MAZDOCK | BSE: 543237

Expensive Performer

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2924.20 -16.00 (-0.54%)

52.46% Gain from 52W Low

1.5M NSE+BSE Volume

NSE 25 Sep, 2025 3:31 PM (IST)

117,956.4

Market Cap

High in industry

1.4

Beta 1Year

Very High Volatility

Mazagon Dock Shipbuilders Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MAZDOCK, BSE:543237 Mazagon Dock Shipbuilders Ltd.

Mazagon Dock Shipbuilders Ltd.

31 Jan 2023

2924.20

-0.54%

Impressive performance, but upside capped

Sell: Mazagon Dock Shipbuilders ...

Target

ICICI Securities Limited

Mazagon Dock Shipbuilders’ (MDL) Q3FY23 performance was 70% ahead of estimates mainly due to the delivery of 5th Scorpene class submarine ‘Vagir’ to the India Navy ahead of time (on Dec 20, ’22). Key points: 1) Revenue grew 17% YoY (7% QoQ) to Rs18.2bn on residual revenue recognition from delivery of submarine; 2) operating efficiencies and lower direct cost booked resulted in EBITDA margin rising to 16.3% (Q3FY22: 13%).

Mazagon Dock Shipbuilders Ltd. is trading below its 100 day SMA of 3047.9

Mazagon Dock Shipbuilders Ltd.

06 Dec 2022

2924.20

-0.54%

Mazagon Dock Shipbuilders

Hold: Mazagon Dock Shipbuilders ...

Recommendation Target

ICICI Direct

Mazagon Dock Shipbuilders Ltd. has gained 38.50% in the last 1 Year

Mazagon Dock Shipbuilders Ltd.

11 Nov 2022

2924.20

-0.54%

Upside capped

Sell: Mazagon Dock Shipbuilders ...

Recommendation Target

ICICI Securities Limited

Mazagon Dock Shipbuilders’ (MDL) Q2FY23 performance was slightly lower than street estimates. Key points: 1) EBITDA margin contracted to 6.9% (Q1FY23: 7.8%) due to higher cost and lower revenue booking.

Geojit BNP Paribas upgraded Mazagon Dock Shipbuilders Ltd. to Hold with a price target of 3186.0 on 12 Sep, 2025.

Mazagon Dock Shipbuilders Ltd.

15 Sep 2022

2924.20

-0.54%

Mazagon Dock Shipbuilders

Buy: Mazagon Dock Shipbuilders ...

ICICI Direct

Mazagon Dock Shipbuilders Ltd. has gained 38.50% in the last 1 Year

Mazagon Dock Shipbuilders Ltd.

11 Aug 2022

2924.20

-0.54%

Better than expected Q1FY23 print; order inflow visibility likely to improve

Hold: Mazagon Dock Shipbuilders ...

ICICI Securities Limited

Mazagon Dock Shipbuilders’ (MDL) Q1FY23 print was better than our estimates with revenue growth of 83.7% YoY.

Number of FII/FPI investors increased from 222 to 273 in Jun 2025 qtr.

Mazagon Dock Shipbuilders Ltd.

28 Dec 2020

2924.20

-0.54%

Quick Insight : Mazagon Dock Shipbuilders Ltd. - 28 December 2020

Buy: Mazagon Dock Shipbuilders ...

Way2Wealth

Registered Office:Rukmini Towers, 3rd& 4th Floor, # 3/1, Platform Road, Sheshadripuram, Bangalore - 560 020,...

Mazagon Dock Shipbui.. has an average target of 3152.67 from 3 brokers.

Mazagon Dock Shipbuilders Ltd.

28 Sep 2020

2924.20

-0.54%

Mazagon Dock Shipbuilders Ltd IPO

IPO Note: Mazagon Dock Shipbuilders ...

ICICI Securities Limited

Strong order book to provide long term revenue visibility MDL's order book as on July 31, 2020 from its shipbuilding and submarine & heavy engineering segment is at | 54074 crore comprising three major shipbuilding projects and two submarine projects. The strong order book provides long term revenue visibility. MDL expects to have a decent order pipeline in the next one to three years with several projects lined up from Indian Navy and Indian Coast Guard worth ~between | 20000 and | 30000 crore. MDL believes it has the competitive advantage for mega projects like...

Mazagon Dock Shipbuilders Ltd. is trading above its 200 day SMA of 2723.8

Mazagon Dock Shipbuilders Ltd.

27 Sep 2020

2924.20

-0.54%

Mazagon Dock Shipbuilders Ltd

IPO Subscribe: Mazagon Dock Shipbuilders ...

Angel Broking

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

Mazagon Dock Shipbuilders Ltd. has gained 38.50% in the last 1 Year

Mazagon Dock Shipbuilders Ltd.

26 Sep 2020

2924.20

-0.54%

Mazagon Dock Shipbuilders Ltd

IPO Subscribe: Mazagon Dock Shipbuilders ...

AUM Capital

Mazagon Dock Shipbuilders Ltd. (MDSL) founded on February 26, 1934 in Bombay as a private limited company was nationalized in 1960 and is now a Defence PSU under ministry of Defence and conferred with the Mini Ratna I status. It manufactures warships & submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships and ferries. Since 1960 MDSL has built a total 795 vessels including 25 warships, from advanced destroyers to missile boats and...