Mazagon dock share price: Majhgaon Dock, a submarine -making government company, has set a big record in its name. The company has surpassed the big companies of Nifty in terms of marketcap. The market cap of Majgaon Dock Shipyard has now increased to 8 companies of Nifty. This stock is 10 percent below its record high. But after this boom, the company’s market cap has reached 1.43 lakh crore rupees today.
This market cap Nifty has eight companies of Hindalco, Cipla, Tata Consumer, Sriram Finance, Shriram Finance, Dr. Reddy’s, Apollo Hospitals (Apollo Hospitals), Hero Motocop Motocorp and Indusind Bank is higher than the market cap.
When Majgaon Dock was on his record high, its market cap was more than Eicher Motors. The company’s fourth quarter results were weak by estimated. For this reason, there was a decline of 10 percent in only two business sessions in this stock.
India May PMI Data: Services PMI stood at 3 months high in May, increased from 58.7 in April to 58.8
The company believes that its income will increase by 8-10 percent in FY 2026. At the same time, his order book can cross 1 lakh crore rupees. But this is possible only when the contracts of P75 and P75i submarine are signed in this financial year. The management of the company says that the value of the P75 order can be up to Rs 40,000 crore. This order can be received by next month.
Antique stock broking opinion on Majgaon Dock
Antique Stock Broking Majhgaon Dock The target has been increased from Rs 3,433 per share to Rs 3,858 per share. Despite all the challenges, the company’s medium term outlook is strong. The growth of the company will be supported by capacity expansion. This mother -in -law has run around 60 percent of the shares of Majgaon Dock so far.
Disclaimer: The ideas given on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Money control advises users to seek the advice of certified experts before taking any investment decision.
