Hot Pursuit     18-Dec-23
Mazagon Dock jumps on inking shipbuilding contract with European client
Mazagon Dock Shipbuilders rallied 3.12% to Rs 2,146.35 after the company informed that it has signed shipbuilding contracts with the European client for construction of hybrid powered vessels worth $ 42 million.
The said order includes the construction of three units of 7,500 dead weight tonnage (DWT) multi-purpose hybrid powered vessels. The firm will design, build and deliver the vessels after completion.

Time period for 1st vessel delivery is 27 months after contract effectiveness and the firm will deliver subsequent vessels at intervals of two months.

Mazagon Dock Shipbuilders build maritime capability to strengthen national security and help the nation sail through new economic heights. Mazagon Dock is the ship builder to the nation.

The company’s consolidated net profit jumped 55.6% to Rs 332.88 crore in Q2 FY24 as compared with Rs 213.90 crore in Q2 FY23. Net sales increased 7.4% YoY to Rs 1,827.70 crore in Q2 FY24.

Previous News
  Mazagon Dock Shipbuilders
 ( Results - Analysis 31-May-23   10:25 )
  Mazagon Dock spurts after Q1 PAT soars 121% YoY to Rs 225 cr
 ( Hot Pursuit - 11-Aug-22   09:48 )
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 ( Hot Pursuit - 11-Aug-22   14:30 )
  Mazagon Dock Shipbuilders consolidated net profit rises 64.57% in the December 2022 quarter
 ( Results - Announcements 31-Jan-23   07:37 )
  Board of Mazagon Dock Shipbuilders recommends interim dividend
 ( Corporate News - 09-Nov-23   11:59 )
  Mazagon Dock records 32% YoY slide in Q3 PAT
 ( Hot Pursuit - 13-Feb-21   14:08 )
  Mazagon Dock Shipbuilders to conduct board meeting
 ( Corporate News - 06-Nov-21   09:41 )
  Mazagon Dock Shipbuilders revises board meeting date
 ( Corporate News - 05-Feb-22   10:10 )
  Mazagon Dock inks shipbuilding contract with European client
 ( Hot Pursuit - 16-Dec-23   15:14 )
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