Mazagon Dock Shipbuilders Ltd. Share Price

Overview

Mazagon Dock Shipbuilders Ltd. share price is currently ₹1,768.08, up by ₹62.40 (3.66%) from its previous closing price of ₹1,705.68. The share price has declined -13.8% over the past month and declined -35.82% over the past year. The stock's 52-week low and high are ₹1,658.42 and ₹2,830.06, respectively. Mazagon Dock Shipbuilders Ltd. has a market capitalisation of ₹ 68,790.00 Cr. The share price was last updated on 03 Nov 2026, 03:58 PM IST.

Mazagon Dock Shipbuilders Ltd.
Mazagon Dock Shipbuilders Ltd.
MAZDOCK
 ₹0.00
 ₹62.40
3.66%
Ship Building
 ₹0.00(%)1D

Updated: 03 Nov 2026, 03:58:38 pm IST

Market Data

Open Price

 ₹1,719.11

Prev. Close

 ₹1,705.68
 ₹1,717.39

Day Low

 ₹1,815.20

Day High

 ₹1,658.42

52 Week Low

 ₹2,830.06

52 Week High

Ship BuildingShip Building
CategoryMid Cap

Fundamentals

Quick Bite

Price To Earnings Ratio

29.08

Sector PE

31.56

PB Ratio

7.31

Sector PB

6.81

EPS

60.80

Dividend Yield

0.88

Today's Volume

1.924 M

5 Day Avg. Volume

1.544 M

PEG Ratio

4.14

Market Cap.

₹ 68,790.00 Cr.

StockGro Trade views

Technical Analysis

Forecasts 🧭

Financials

Corporate Actions

ActionsEx-DateRecord-Date
DividendsInterim Dividend of 100% at ₹5/Share
03-Nov-202603-Nov-2026
DividendsFinal Dividend of 92.4% at ₹4.62/Share
20-Aug-202620-Aug-2026
DividendsInterim Dividend of 150% at ₹7.5/Share
13-Feb-202613-Feb-2026
DividendsInterim Dividend of 120% at ₹6/Share
04-Nov-202504-Nov-2025

Mutual Fund Ownership

Mutual Fund Holder
Aug 26
Shares held
Sep 26
Shares held
HDFC Defence Fund - Regular Plan - Growth16.77 Lac
17.25 Lac
(2.86%)
Motilal Oswal Nifty India Defence Index Fund - Regular Plan - Growth10.43 Lac
10.24 Lac
(1.77%)
ICICI Prudential Nifty Next 50 Index Fund - Growth3.02 Lac
3.03 Lac
(0.19%)
Nippon India ETF Nifty Next 50 Junior BeES2.68 Lac
2.69 Lac
(0.39%)
Aditya Birla Sun Life Nifty India Defence Index Fund - Regular Plan - Growth2.64 Lac
2.66 Lac
(0.81%)

About Mazagon Dock Shipbuilders Ltd. 👋

Mazagon Dock Shipbuilders Limited is an India-based shipbuilding yard company, which is principally engaged in the building and repairing of ships, submarines, various types of vessels, and related engineering products for its customers. It is also engaged in the production of defense equipment. The Company's segments include Shipbuilding (New Construction and Ship Repairs) and Submarine. Its Shipbuilding segment includes the building and repair of Naval ships. Its Submarine segment includes the building, repair and refits of diesel and electric submarines for the Indian Navy. It provides cargo ships, passenger ships, supply vessels, multipurpose support vessels, water tankers, tugs, dredgers, fishing trawlers, barges, and border outposts. The Company caters to both national and international customers in the defense sector as well as civil operations. It offers supply chain management, tug support, and yard services and berth facilities for repairs and refits of commercial vessels.

Expert Opinions

Insights from SEBI-registered analysts · updated live

Explore all →
Shrikant Pandey

Shrikant Pandey

31 Oct • 7:13 PM · SEBI-Registered Analyst

MAZAGON DOCK: SIGNS ₹30,000 CR MOUs; PLANS ₹20,000 CR

MAZAGON DOCK: SIGNS ₹30,000 CR MOUs; PLANS ₹20,000 CR SHIPBUILDING HUBS

MAZDOCK
• MoU Agreements: Signed MoUs worth ₹30,000 Cr with the Maharashtra and Andhra Pradesh governments for proposed shipbuilding projects • Shipbuilding Expansion: Plans to establish commercial shipbuilding hubs at Dighi, Maharashtra and Dugarajapatnam, Andhra Pradesh • Project Investment: Initial investment estimated at ₹20,000 Cr across both shipbuilding clusters • Joint Venture: Plans a 50:50 partnership with Maritime Investment Fund (MIF), managed by SBI Ventures • Funding Structure: Projects are expected to be financed through approximately 70% debt and 30% equity • MDL Investment: Mazagon Dock’s equity contribution is expected to be around ₹3,000 Cr, supported by existing cash reserves • Project Timeline: Initial development expected over 5–7 years, with regulatory approvals targeted by December 2026 • Strategic Partners: Exploring equity partnerships with large corporations, shipping customers and international maritime equipment manufacturers • Global Interest: Companies from the US and Germany have expressed interest in the proposed shipbuilding projects • IPO Plans: Exploring a future IPO of the shipbuilding venture to raise additional capital after operations commence • Production Capacity: Proposed hubs expected to support combined annual output of approximately 4.5 million gross tonnage • Ownership Strategy: MDL intends to maintain at least 26% equity ownership in the venture Impact: Positive — The proposed shipbuilding expansion could significantly strengthen Mazagon Dock’s long-term addressable market and diversify it into commercial shipbuilding. Government backing, institutional participation and international interest are encouraging, but the ₹20,000 Cr investment, high debt funding, regulatory approvals and 5–7 year execution timeline mean the near-term earnings impact is likely limited.

See More
Palak Jain

Palak Jain

28 Oct • 2:05 PM · SEBI-Registered Analyst

Mazagon Dock Profit Drops 54% Amid Margin Pressure

MAZDOCK
Profit Drops 54% Amid Margin Pressure Mazagon Dock Shipbuilders has reported a challenging quarter, and the numbers deserve attention. For Q2 FY27, the defence PSU’s consolidated net profit fell 54.1% year-on-year to ₹344 crore, while revenue declined 16.5% to ₹2,446 crore. But the bigger concern is profitability. EBITDA dropped approximately 71% to ₹199 crore, and the operating margin contracted from 23.7% to 8.1%. In simple terms, the company generated significantly less operating profit from its revenue than it did a year ago. Mazagon Dock shares came under sharp pressure following the results. However, one weak quarter alone doesn’t establish a long-term trend, especially in shipbuilding, where project execution and revenue recognition can vary between quarters. Investors will be watching execution of existing projects, recovery in margins and the timing of new defence orders. For a company operating in a strategically important defence sector, the long-term opportunity and the near-term financial performance can tell two different stories. The key thing to track now is whether profitability improves in the coming quarters.

See More
Kavan Patel

Kavan Patel

28 Oct • 9:00 AM · SEBI-Registered Analyst

Sensex, Bankex analysis for 28/10/2026 (MARKET ANALYSIS)

1. Sensex Analysis Current Index Level: 73,598 Key Pivot / Support Threshold: 72,900 Trading Strategy & Technical Stance: Current Position: Hold Long (Bullish Bias) Rationale: As long as Sensex trades and sustains above 72,900, the structural bias remains positive, favoring long positions. This 72,900 level serves as a crucial trailing stop-loss or support floor. Conditional Flip (Bearish Trigger): Create short only below 72,900. A decisive breakdown beneath this support level would invalidate the long structure and signal a shift in momentum toward the bears, opening up downside potential. 2. Bankex Analysis Current Index Level: 60,713 Key Pivot / Resistance Threshold: 62,300 Trading Strategy & Technical Stance: Current Position: Hold Short (Bearish Bias) Rationale: Bankex is currently trading under pressure, with the immediate trend favoring short positions as long as it stays below 62,300. The 62,300 mark acts as an overhead supply zone or resistance barrier. Conditional Flip (Bullish Trigger): Create long only above 62,300. A move and sustainment above this resistance level would indicate a trend reversal or strong breakout, prompting a shift to a long strategy. F&O top looser was :

MAZDOCK

See More
Mohammed Shoaib

Mohammed Shoaib

27 Oct • 11:56 PM · SEBI-Registered Analyst

MAZAGON DOCK: ORDER EXECUTION IS THE MAIN TRIGGER

MAZDOCK
Dock Shipbuilders is in focus as investors evaluate its order book, project execution and profitability. Defence shipbuilding companies can benefit from long-term government programmes, but quarterly revenue recognition depends on project milestones and execution schedules. Key factors to watch: - Order-book strength and new contracts - Revenue recognised from ongoing projects - Operating margins and execution costs - Working capital and customer advances - Timelines for major defence projects My view: A large order book can provide revenue visibility, but execution and cash-flow conversion determine how much value it creates. Investors should look beyond headline order values and examine the pace of project delivery. Watch the official results and management commentary for updates on execution. Disclosure: This note represents my independent research assessment. I do not hold this stock. This is for informational purposes and should not be considered a recommendation to buy or sell.

See More
Lovelesh Sharma

Lovelesh Sharma

27 Oct • 9:28 PM · SEBI-Registered Analyst

Mazagon Dock slips below ₹1,800 as trend weakens

Mazagon Dock Shipbuilders closed near ₹1,754 after a sharp fall, taking the stock below the ₹1,800 level. The price is trading well below the 20-day moving average near ₹2,029 and the 55-day average around ₹2,297. Both averages are declining, confirming a clear lower-high and lower-low structure.

MAZDOCK
₹1,700–₹1,750 is now the immediate support area. The stock has approached this zone after a steep decline, so a technical bounce is possible. However, a close below ₹1,700 would keep the selling pressure intact and could expose the next support region near ₹1,600. The stochastic oscillator is deeply oversold, with %K near 10.7 and %D near 10.9. This shows that the fall has become stretched, but the indicator has not yet delivered a bullish crossover. Oversold conditions can support a bounce, but they do not by themselves confirm a trend reversal. For recovery, Mazagon Dock must reclaim ₹2,030, its 20-day average. A move above ₹2,300 would be a more meaningful improvement in the broader trend. Until then, the stock remains technically weak, with ₹1,700 as the level buyers need to defend.

See More
Kavan Patel

Kavan Patel

27 Oct • 6:49 PM · SEBI-Registered Analyst

Nifty, Banknifty, Finnifty analysis for 28/10/2026

1. Nifty Current Level: 22,749 Trend / Position Bias: Bearish / Short Key Levels & Strategy: Short Bias: Maintain short positions as long as Nifty trades below 22,900. Conditional Action: Shift to a long strategy only if the index breaks out and sustains above 22,900. 2. Bank Nifty Current Level: 53,974 Trend / Position Bias: Bearish / Short Key Levels & Strategy: Short Bias: Hold short positions while trading below 55,000. Conditional Action: Look to create long positions only on a decisive move above 55,000. 3. Fin Nifty Current Level: 24,303 Trend / Position Bias: Bearish / Short Key Levels & Strategy: Short Bias: Keep short positions intact below the critical resistance threshold of 24,600. Conditional Action: Consider long setups only if prices cross and hold above 24,600. Summary / Market Outlook All three indices are currently trading below their respective breakout thresholds (22,900 for Nifty, 55,000 for Bank Nifty, and 24,600 for Fin Nifty). This indicates a near-term corrective or downward bias where short strategies are favoured. Trend reversal or aggressive long entries should strictly be restricted until these key resistance hurdles are successfully breached. F&O top looser was :

MAZDOCK

See More

News & Events

Frequently Asked Questions

What is the share price of Mazagon Dock Shipbuilders Ltd.?

What is the market cap of Mazagon Dock Shipbuilders Ltd.?

Should I buy Mazagon Dock Shipbuilders Ltd. stock now?

What is the 52 week high and low of Mazagon Dock Shipbuilders Ltd.?

Is the Mazagon Dock Shipbuilders Ltd. stock good to buy?

Is Mazagon Dock Shipbuilders Ltd. a good buy for the long term?

Is Mazagon Dock Shipbuilders Ltd. overvalued or undervalued?

What is the PE and PB ratio of Mazagon Dock Shipbuilders Ltd.?

Start Now