Mazagon Dock Shipbuilders shines on executing MoU with Mumbai Port Trust
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Mazagon Dock Shipbuilders is currently trading at Rs. 218.30, up by 2.90 points or 1.35% from its previous closing of Rs. 215.40 on the BSE.
The scrip opened at Rs. 218.00 and has touched a high and low of Rs. 221.80 and Rs. 216.65 respectively. So far 57918 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 242.40 on 11-Feb-2021 and a 52 week low of Rs. 164.00 on 13-Oct-2020.
Last one week high and low of the scrip stood at Rs. 221.85 and Rs. 205.80 respectively. The current market cap of the company is Rs. 4392.81 crore.
The promoters holding in the company stood at 84.83%, while Institutions and Non-Institutions held 1.84% and 13.33% respectively.
Mazagon Dock Shipbuilders has executed a Memorandum of Understanding (MoU) with Mumbai Port Trust (MbPt) to further the economic growth of the region and the country under the Maritime India Summit 2021.
Mazagon Dock Shipbuilders is the India's leading defence public sector undertaking shipyard under the Ministry of Defence. It is primarily engaged in constructing and repairing warships and submarines for the MoD and other types of vessels i.e. cargo ships, multipurpose support vessels, barges and border outposts, tugs, dredgers, water tankers, etc. for commercial clients.
