MAZDOCK (1D)CMP : 3,199.75
• Hovering Near All time High above all KMA
• can see New All time High soon
• Retested Base and bouncing again strongly
• belongs to Relatively strong sector compared to others
Sector : Ship Building
Industry : Ship Building
Market Cap : 64,552.90 cr.
Category : Mid Cap
PE : 33.33
Industry PE : 42.42
PEG : 1.83
About Company
Mazagon Dock Shipbuilders' business divisions in which the company operates are (i) shipbuilding and (ii) submarine and heavy engineering. Its shipbuilding division includes the building and repair of naval ships. It is currently building four P-15 B destroyers and four P-17A stealth frigates and undertaking repair and refit of a ship for the MoD for use by the Indian Navy. Its submarine and heavy engineering division includes building, repair and refits of diesel electric submarines. It is currently building/ in the process of delivering four Scorpene class submarines under a transfer of technology agreement with Naval Group as well as one medium refit and life certification of a submarine for the MoD for use by the Indian Navy.
Mazagon Dock Shipbuilders Ltd.
Mazagon Dock Shipbuilders was incorporated in Bombay as a private limited company on February 26, 1934 as Mazagon Dock Private Limited with the Registrar of Companies, Bombay under the Indian Companies Act, 1913. The company was thereafter converted to a public company pursuant to a special resolution passed at an extra-ordinary general meeting dated January 02, 1936. Pursuant to the provisions of section 23 of the Companies Act, 1956 and under order of the Central Government, conveyed by the Ministry of Finance, Department of Company Law Administration by their No. 18 (30)-CL 57 dated October 26/28, 1957, the company was converted into a private limited company and the name of the company was changed to Mazagon Dock Private Limited and a certificate of incorporation was issued by the Registrar of Companies, Bombay on December 10, 1957. Since the company was acquired by the Government of India in the year 1960, it became a government company on May 13, 1960 and the name of the company was changed to Mazagon Dock Limited and a fresh certificate of incorporation consequent to the change of name was issued by the Registrar of Companies, Bombay on December 23, 1960. Further, the name of the company was changed to Mazagon Dock Shipbuilders Limited to reflect its core competencies in shipbuilding and a fresh certificate of incorporation pursuant to the change of name was issued by the RoC on May 28, 2015. Subsequently, the company was converted to a public limited company and a certificate of incorporation consequent upon conversion to a public limited company was issued by the RoC on December 08, 2017.
The company is a defence public sector undertaking shipyard under the Department of Defence Production, MoD with a maximum shipbuilding and submarine capacity of 40,000 DWT, engaged in the construction and repair of warships and submarines for the MoD for use by the Indian Navy and other vessels for commercial clients. It is a wholly owned Gol company, conferred with the 'Mini-ratna-l' status in 2006, by the DPE. It is India's only shipyard to have built destroyers and conventional submarines for the Indian Navy. It is also one of the initial shipyards to manufacture Corvettes (Veer and Khukri Class) in India.
Business area of the company Mazagon Dock Shipbuilders' business divisions in which the company operates are (i) shipbuilding and (ii) submarine and heavy engineering. Its shipbuilding division includes the building and repair of naval ships. It is currently building four P-15 B destroyers and four P- 17A stealth frigates and undertaking repair and refit of a ship for the MoD for use by the Indian Navy. Its submarine and heavy engineering division includes building, repair and refits of diesel electric submarines. It is currently building/ in the process of delivering four Scorpene class submarines under a transfer of technology agreement with Naval Group as well as one medium refit and life certification of a submarine for the MoD for use by the Indian Navy.
Product portfolio
Naval Platforms
• Destroyers
• Conventional Submarines
• Frigates
• Corvettes
• Missile Boat
• Offshore Patrol vessels
• Floating Border Outposts
Merchant Ships
• General Cargo Vessel
• Multipurpose Support Vessel
• Offshore Supply vessel
• Tugs
• Dredgers
• Passenger cum Cargo Vessel
• Water tankers
• Barges
• Trawlers
• Windmill towers Pontoons
Oil Sector
• Offshore Platforms
• Jack-up rigs
Major events in company's history:
• 1934: Incorporated as a private company.
• 1960: Acquired by the Gol.
• 1972: Delivered the first frigate, INS Nilgiri.
• 1984: Inauguration of undertaking submarine construction.
• 1992: Commissoned first Indian built submarine, INS Shalki.
• 1997: Commissioned first destroyer, INS Delhi.
• 1998: Accredited with ISO certification for shipbuilding.
• 2000: Upgraded to Schedule 'A' status from Schedule 'B'.
• 2006: Awarded Mini Ratna Category-I status.
• 2009: Implementation of enterprise resource planning and systems applications and products.
• 2011: Signed shipbuilding contract for construction and delivery of four P15 B misile destroyers with the MoD.
• 2014: Inauguration Modernisation project. of the Mazdock
• 2015: Launch of first destroyer class ship "Vishakhapatnam' under P15 B project.
• 2015: Signed contract for construction and delivery of four frigates with the MoD.
• 2016: Inauguration of new submarine section assembly workshop at Alcock yard.
• 2017: Delivery of first Scorpene class submarine 'INS Kalvari".
• 2019: Delivery of second Scorpene class submarine "INS Khanderi".
• 2020: Listing of MDL in BSE & NSE in 2020.
• 2021: Delivery of three platforms viz. 3rd & 4th Scorpene class submarine & 1st missile destroyer in 2021.
• 2022: Historical Double Launching of a missile destroyer and a stealth frigate on May 17, 2022. Launching of 6th submarine on April 20, 2022.
Note
6%+ Return in One Day
Note
Update : In just 2 days of posting 24.70% runup 🔥 💚
Note
Update : Day 3 up 31.85% till now 💚
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.