10 months ago
Swan Defence Shares Surge 27-Fold Amid Revival Efforts and New Deals
Imagine a company that builds big ships.
It wasn't doing very well and lost money, and its stock price was very low.
But in 2025, things started to change!
The company, now called Swan Defence, got a new chance.
It signed a big deal to build special tankers for a European company.
This made people excited, and the company's stock price went up a lot, 27 times more than at the beginning of the year!
They also got approval to raise more money to help their business grow.
They are working hard to bring their shipyard back to life and have signed agreements with other big companies to build more ships and do other important projects.
It's like the company is waking up and getting ready to be a big player again in building ships.
Swan Defence and Heavy Industries (SDHI) stock has surged 2,700% in 2025 year-to-date.
The company secured a Letter of Intent (LoI) for six chemical tankers valued at $220 million.
SDHI's losses narrowed to ₹20 lakh in the second quarter.
A proposal to raise ₹1,000 crore through private placement of debentures was approved.
Strategic MoUs were signed with Gujarat Maritime Board, Royal IHC, Samsung Heavy Industries, and Mazagon Dock Shipbuilders Limited.
- Who
- Swan Defence and Heavy Industries (SDHI), formerly Reliance Naval and Engineering
- What
- Company stock experienced a 27-fold increase in value, approved a ₹1,000 crore fundraise, and announced significant shipbuilding contracts and MoUs.
- Where
- India, with operations centered at Pipavav Shipyard in Gujarat.
- When
- Stock surge in 2025 year-to-date, with key announcements in October and November 2025.
- Why
- Revival efforts, narrowing losses, a major letter of intent for tanker construction, and strategic MoUs with domestic and international partners contributed to investor confidence.
Key facts
- Stock Price Increase (YTD)
- 2,700%
- Current Share Price (approx)
- ₹1,036.45
- Market Capitalization
- Over ₹5,400 crore
- Fundraising Approved
- ₹1,000 crore via private placement of debentures
- Q2 Loss
- ₹20 lakh
- Major Deal LoI
- Six IMO Type II chemical tankers for $220 million with Rederiet Stenersen AS
- Acquisition
- Former Reliance Naval and Engineering (renamed Swan Defence and Heavy Industries)
- Key Asset
- Pipavav Shipyard, Gujarat
Quotes
Swan Defence and Heavy Industries
The company that has seen its stock price surge.
“This is the first part of the quote”
thehindubusinessline.com
“and this is the second part which continues the same thought.”
thehindubusinessline.com
