Archive · 3 Sep 2025
Antique Recommends Buying Mazagon Dock Shipbuilders Stock
Antique Stock Broking advises buying shares of Mazagon Dock Shipbuilders, expecting the company to grow.
The company is expanding its shipbuilding capacity with a new dry dock.
They also met a large percentage of their production goals for the year.
Mazagon Dock is involved in innovative projects like underwater drones.
They are also planning to buy a majority stake in Colombo Dockyard PLC.
Antique Stock Broking believes upcoming orders, like submarines, will significantly increase revenue.
They also predict that the company's finances will stabilize.
Overall, the brokerage firm sees a positive future for the company.
Antique Stock Broking reiterated a Buy rating on Mazagon Dock Shipbuilders.
The company is expanding its shipbuilding capacity by developing a new dry dock.
Mazagon Dock's production met almost all of the Ministry of Defence's target in FY25.
The company is involved in iDEX projects, including Autonomous Underwater Swarm Drones.
Mazagon Dock plans to acquire a 51% stake in Colombo Dockyard PLC.
- Who
- Mazagon Dock Shipbuilders
- What
- Antique Stock Broking recommends buying the stock.
- When
- FY25
- Where
- Nhava village, Colombo Dockyard PLC
- Why
- Due to strategic investments and potential orders.
- Company
- Mazagon Dock Shipbuilders
- Rating
- Buy
- Target Price
- Rs 3,858
- Production Value (FY25)
- Rs 1,119 crore
- Capacity Expansion
- New dry dock in Nhava village
- Provision in FY25
- Rs 746 crore
- iDEX Project
- Autonomous Underwater Swarm Drones