Mazagon dock share price: Shares of public sector defense company Mazagon Dock Shipbuilders LTD (MDL) can stay on investors radar on Monday, June 30. The reason for this is an important acquisition of the company. The board has approved the purchase of a USD 52.96 million (about ₹ 452 crore) controlling stake at the Sri Lankan company Colombo Dockyard Plc.
This investment has been made through primary subscription and secondary stake acquisition. In this, CDPLC’s lead shareholder Onomichi Dockyard Co. Ltd. also includes. CDPLC is listed on Sri Lanka’s Colombo Stock Exchange.
Q4 Pressure shown in results
The company’s net profit fell 51% to ₹ 325.3 crore in the January-March quarter of Mazagon Dock. However, revenue rose 2.3% to ₹ 3,174.4 crore, but Ebitda recorded a huge decline (83%) and decreased from ₹ 524 crore to ₹ 90 crore.
Talking about the entire financial year 2024-25, the company performed brilliantly. The annual net profit of Mazagon Dock rose 25% to ₹ 2,414 crore, while the revenue was ₹ 11,432 crore. It saw an annual increase of 21%.
Dividend and share performance
Mazagon Dock declared the second interim dividend of ₹ 3 per share for FY25. The record date for this was fixed on 16 April 2025 and the payment was completed by 7 May.
On Friday, June 27, the Shares of Mazagon Dock closed at ₹ 3,169.50 with a gain of 1.5%. Its 52-vend high is ₹ 3,778 and Low ₹ 1,917. During the last 1 month, the stock has given negative returns of 15.46%. However, this year i.e. in 2025, stock has given a profit of 41.21% so far.
What is the business of Mazagon Dock?
Mazagon Dock Shipbuilders Ltd (MDL) is a public sector company under the Ministry of Defense, Government of India. It specializes in the manufacture of warships and submarines.
The Mumbai -based company makes modern ships, dastroars, frigates and attack submarines for the Indian Navy and Coast Guard. Also, it also provides repair, refinance and upgrade services and plays an important role in strengthening the country’s maritime security capacity.
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