News for Mazagon Dock Shipbuilders Limited (MAZDOCK.NS)

"I see valuation comfort in these names. I would accumulate these stocks on dips with a medium- to long-term view," the market expert told Business Today.

Shares of Tata Steel Ltd., Bharti Airtel Ltd. and JSW Steel Ltd. were the top gainers among the NSE Nifty 50 stocks on Friday. Among the losers were shares of Oil & Natural Gas Corp., ITC Ltd., State Bank of India and Britannia Industries Ltd. The NSE Nifty 50 and BSE Sensex closed lower for the third consecutive session on Friday, as market participants reacted to the Reserve Bank of India’s Monetary Policy Committee meeting outcome.

Indian markets closed flat post-Budget, reacting to modest capex growth and tax cuts. Nifty has support at 23,280, with resistance at 23,700–24,000. US markets fell on tariff concerns, while European stocks hit record highs. Kalyan Jewellers and RVNL led turnover. Sentiment remained neutral, with mixed stock movements across sectors.

The Defence Ministry has rejected Larsen and Toubro’s bid for the Rs 70,000 crore tender under the Navy’s Project 75 India initiative due to non-compl

Prime Minister Narendra Modi commissioned three naval combatants—INS Surat, INS Nilgiri, and INS Vaghsheer—symbolizing India's rising maritime prowess and self-reliance. The event emphasized India's role in global maritime security and its commitment to becoming a major maritime power and a leading economy.

Prime Minister Narendra Modi commissions INS Surat, INS Nilgiri, and INS Vaghsheer at the Naval Dockyard. These indigenously designed and built warships enhance India's defence self-reliance. They represent significant advancements in stealth technology, design capabilities, and modular construction for future upgrades. These platforms are now fully operational, strengthening India's maritime strength.

Mazagon Dock shares settled 3.46 per cent higher at Rs 2,231 today. At this price, the multibagger counter has rallied 100.12 per cent in the past one year.

Defence Minister Rajnath Singh held discussions with Maldivian Defence Minister Mohammed Ghassan Maumoon in New Delhi on Wednesday, reaffirming Indias commitment to supporting the Maldives development and defence capabilities. The talks, held against the backdrop of improving relations between the two nations, focused on capacity building, equipment supply, and strategic collaboration. Both sides emphasised their shared vision of ensuring stability in the Indian Ocean Region.

To mark the 90th year of its service to the nation, Reserve Bank of India, hosted RBI@90 All India Public Sector Badminton Tournament at Bengaluru from January ...

Surat is a guided-missile destroyer, while Nilgiri is a stealth frigate. Vaghsheer is the sixth and final Scorpene-class submarine under the Kalvari-class Project 75. All three will be commissioned by the Indian Navy on a single day.

GIFT Nifty was at 23,840.00 down by 37 points or 0.15% at 07:09 a.m. Among others, share prices of NMDC, Mazagon Dock, Tata Motors, Maruti Suzuki will remain in focus.

The Indian Navy will commission the guided-missile destroyer Surat, stealth frigate Nilgiri, and submarine Vagsheer on January 15. These platforms enhance India’s combat capabilities and demonstrate advancements in Indigenous defence manufacturing.

As the world welcomes 2025 amid geopolitical concerns, brokerages and market participants continue to remain positive on defence sector stocks as they see more legs in the rally.

Stocks including DAM Capital, Mamata Machinery, Mazagon Dock, Jubilant Foodworks, IndusInd Bank, Power Mech, SKF India and more will be in the spotlight on Friday, December 27.

NMDC Ltd shares would turn ex-date for 2:1 bonus shares today. For every one NMDC share that existing investors hold, two new NMDC shares would be allotted.

MoD signs contract with L&T for 100 K9 Vajra guns; MDL delivers advanced stealth frigate and destroyer to Indian Navy.

The GIFT Nifty was trading near 23,900 in early trade on Friday. Bharti Airtel Ltd., Nestle India Ltd., Mazagon Dock Shipbuilders Ltd., and InterGlobe Aviation Ltd. share prices are likely to react. The GIFT Nifty was trading 0.33% or 78.50 points down at 23,928 as of 6:34 a.m.

Indian markets closed lower on Wednesday, dragged by banks and ahead of the US Fed rate decision. The market is cautious about potential policy changes in the US and India's high valuation. The rupee's weakness and a widening trade deficit are also concerns.

As many as 15 stocks hit their 52-week lows today. BSE 500 stocks such as Prince Pipes and Fittings Ltd and Tata Technologies Ltd hit their respective one-year low levels. That said, 250 stocks touched their one-year high levels today.