
Mazagon Dock rises 3% on ₹310 cr defence order
The company won an order worth ₹310 crore from the ministry of defence for the Construction and Delivery of One Training Ship for the Indian Coast Guard (ICG).
The company won an order worth ₹310 crore from the ministry of defence for the Construction and Delivery of One Training Ship for the Indian Coast Guard (ICG).
The share price of warships and submarines manufacturer has given a whopping 1,256% return since its listing on October 12, 2020.
Defence ministry says price, other terms to be negotiated with French govt after taking into account all relevant aspects, including comparative price of similar aircraft by other countries
The construction of the submarines would take place in India and is expected to have significant local content.