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Swan Defence and Heavy Industries is locked its upper circuit at Rs. 1036.45, up by 49.35 points or 5.00% from its previous closing of Rs. 987.10 on the BSE.

The scrip opened at Rs. 1036.45 and has touched a high and low of Rs. 1036.45 and Rs. 1036.45 respectively. So far 523 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 1036.45 on 11-Nov-2025 and a 52 week low of Rs. 35.99 on 20-Jan-2025.

Last one week high and low of the scrip stood at Rs. 1036.45 and Rs. 895.35 respectively. The current market cap of the company is Rs. 5460.24 crore.

The promoters holding in the company stood at 94.91%, while Institutions and Non-Institutions held 0.42% and 4.66% respectively.

Swan Defence and Heavy Industries has signed a Letter of Intent (LoI) with European ship owner and operator Rederiet Stenersen AS for construction of 6 nos IMO Type II chemical tankers, each of 18,000 DWT capacity. The LoI marks a defining moment for India’s shipbuilding export, covering six vessels valued at around $220 million, with an option for additional six ships to follow under the same class.

The vessels will be built at the company’s state-of-the-art facility in Pipavav, Gujarat. The vessels will be designed by Marinform AS, Norway, and classed by DNV. Each ship will be built to Ice Class 1A standards and feature an advanced hybrid propulsion system. The hybrid system supports operational modes with advanced automation for improved manoeuvrability, lower emissions, and operational flexibility.

Swan Defence and Heavy Industries (Formerly Reliance Naval and Engineering) is India’s largest shipbuilding and heavy fabrication company, strategically located on the west coast of India. SDHI delivers high-quality solutions for the maritime and heavy engineering sectors