Mazagon dock share price target 2025 and what factors will influence Mazdock share price NSE?
The Mazagon Dock shipbuilders company is owned by the Government of India with over 83% of the equity capital. The shipbuilders and vessel construction companies are under the Department of Defence. The company was established in 1934, and 13 years after India's independence from the British in 1947, the company was nationalised in 1960.
With the share price of Mazagon Dock going up from Rs. 732 (6th March 2023) to Rs. 2X (7th March 2024) on the NSE, investors started following the market trend as well.
Mazagon Dock Latest News
Mazagon dock share price Target is currently down by 0,31% at Rs 2,107.30 on the NSE. The stock opened at Rs 2,071.30 on Tuesday morning, but has been trending negatively ever since after reaching Rs 2,073.00.
On December 18, 2023, the Indian Shipbuilder Mazagon Dock, the largest shipbuilder in India, won a contract for the construction and delivery of 14 new Fast Patrol Vessels (FPVs) by a European Client for an amount of approximately US$ 42 million. This news triggered a positive trend in the stock of Mazagon Dock on the NSE on Friday.
The Ministry of Defence has awarded a contract to Mazagon Dock for the construction of six new Offshore Patrol Vessels (OPVs) for an amount of Rs 1600 crore. The new and latest Patrol Vessels will be delivered to the Coast Guard.
In December 2024, the company was awarded another contract for the construction of 6 new Patrol Vessels for an amount of 1600 crore rupees.
Mazagon Dock Share Price Target 2024
Month (2024)Maximum TargetMinimumTarget JanuaryRs - Rs - FebruaryRs - Rs - MarchRs 2195.42Rs 1930.40AprilRs 2206.94Rs 2038.70MayRs 2318.03Rs 2149.62JuneRs 2440.222Rs 2259.22JulyRs 2527.65Rs 2370.11AugustRs 2690.91Rs 2481.01SeptemberRs 2798.09Rs 2599.05OctoberRs 2858.04Rs 2611.30NovemberRs 2966.80Rs 2719.90DecemberRs 3075.01Rs 2831.70
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Mazagon Dock Share Price Target 2025
Month (2025)Maximum TargetMinimumTarget JanuaryRs 3070.20Rs 2829.50FebruaryRs 3183.60Rs 2937.01MarchRs 3286.05Rs 3050.22AprilRs 3296.08Rs 3061.60MayRs 3308.00Rs 3162.91JuneRs 3419.03Rs 3275.00JulyRs 3530.50Rs 3387.06AugustRs 3655.09Rs 3496.70SeptemberRs 3738.25Rs 3509.79OctoberRs 3890.71Rs 3622.48NovemberRs 3989.72Rs 3733.00DecemberRs 4094.20Rs 3846.32
Mazagon Dock Share Price Target 2026 to 2030
Year Maximum TargetMinimum Target2026Rs 5126.60Rs 3970.602027Rs 6288.07Rs 5097.022028Rs 7379.24Rs 6119.762029Rs 8481.62Rs 7227.662030Rs 10720.20Rs 8390.02
Mazagon Dock: NSE Financials 2023
Mazagon Dock Market Capitalisation: 39,464.60 Crores INRRevenue2786.27 Billion INR⬆ 36.52% YOYOperating expense14.78 Billion INR⬆ 15.37% YOYNet Income11.19 Billion INR⬇ 83.20% YOYNet Profit Margin14.30⬇ 34.27% YOYEarnings Per Share55.48⬇ 80.07% YOYEBITDA7.87 Billion INR⬇ 74.16% YOYEffective Tax Rate24.17%
- Total Assets294.63 Billion INR⬇ -1.03% YOYTotal Liabilities247.03 Billion INR⬇ -4.67% YOYTotal Equity47.60 Billion INR Return on assets1.53% Return on Capital10.51% P/E Ratio26.49 Dividend Yield1.06%
Mazagon Dock Shareholding Pattern
- Promoters: 84.83%
- FII: 3.32%
- DII: 0.05%
- Retail & Others: 11.43%
- Mutual Funds: 0.37%
Mazagon Dock Competitors (Market Cap:
42,335.74 crores INR)
- Cochin Shipyard Market Cap: 23,189.26 crores INR)
- Garden Reach SIL Market Cap: 9,500.37 crores INR)
- ABG Shipyard Market Cap: 11.96 crores INR)
- Bharati Defence IL Cap: 9.81 crores INR
Points to consider before investing in Mazagon Dock Stock
Mazagon dock Shipbuilders Limited (Mazdock) is a state-owned Defence sector company in India. Last year, the company won contracts worth approximately Rs 6000 crore for the construction and supply of equipment and vessels for the Defence Industry. This indicates the resilience of the company's demand and is likely to sustain investor's confidence.
The contracts are estimated to be worth around Rs 6000 crore for India's largest shipbuilder, Mazdock. As a result, the share price of Mazdock on the Stock Exchange has risen by 186% since 6th March 2023.
However, the analysts at Arhant Capital suggest ‘profit taking’ for the share price prediction of Mazdock. They advised against opening new positions in Mazdock Share.
Mazdock share price has been on an upward trajectory since last year. The company has signed several contracts in the last year. In 2024, Mazdock share price decreased by 8% from Rs 2 289 per share on 1st January to 2100 as on 5th March 2024.
Arhant Capital Experts advised against opening a new position in Mazdock share.
Conclusion
Mazdock Share Price History on the stock exchange has been on a steep upward trend with a huge gain of 186% since March 6th, 2023. Also, The Mazdock Share Price NSE went from Rs 168 (Oct 20th, 2020) to Rs 2101 (March 5th, 2024) in the last five years of its stock trading. This shows how Mazagon Dock Share Price has been providing a good return on investment to the investors. Last year, India’s largest shipbuilder and vessel construction company shares skyrocketed on the stock exchange due to the contracts worth around 6,000 crores in fiscal year 2023 for the company.
As an investor, one must consider an expert's advice before making any investment related commitment on the stock market. India Property Dekho recommends a thorough research of the stock.
FAQ
What is the Mazagon Dock Share Price Target 2025?
Mazagon Dock Share Price Target 2025 is between Rs 4094 and Rs 2829.
What is the Mazagon Dock Share Price Target 2026?
Mazagon Dock Share Price Target for the year 2026 is between Rs 5126 and Rs 3970.
What is the Mazagon Dock Share Price Target 2030?
Mazagon Dock Share Price Target 2030 is predicted to remain between Rs 10,720 and Rs 8,390.
What is the NSE Mazdock Share Price Target 2024?
Mazagon Dock Share Price Target 2024 is between Rs 3,075 and Rs 1,930
What is the Mazagon Dock Share Price Prediction 2025?
Mazagon Dock Share Price Prediction 2025 is predicted to remain between Rs 4094 and Rs 2829.
What is the Mazagon Dock Share Price NSE Prediction 2030?
Mazagon Dock Share Price Prediction 2030 is predicted to remain between Rs 10,720 and Rs 8,390.
What is the Mazdock Share Price NSE Target 2027?
Mazagon Dock Share Price Target 2027 is between Rs 6288 and Rs 5097.
What is Mazagon Dock Share Price Target 2025 and Mazagon Dock Share Price Target 2030
Mazagon Dock Share Price Target 2025 is 3846 and Mazagon Dock Share Price Target 2030 is 8390
