Garden Reach Shipbuilders & Engineers Ltd, Mahanagar Telephone Nigam Ltd, PNC Infratech Ltd and Cochin Shipyard Ltd are among the other gainers in the BSE's 'A' group today, 10 February 2025.Mazagon Dock Shipbuilders Ltd spiked 8.47% to Rs 2420.8 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 4.27 lakh shares were traded on the counter so far as against the average daily volumes of 2.17 lakh shares in the past one month. Garden Reach Shipbuilders & Engineers Ltd surged 5.53% to Rs 1574.4. The stock was the second biggest gainer in 'A' group. On the BSE, 40482 shares were traded on the counter so far as against the average daily volumes of 65707 shares in the past one month. Mahanagar Telephone Nigam Ltd soared 4.98% to Rs 54.8. The stock was the third biggest gainer in 'A' group. On the BSE, 18.91 lakh shares were traded on the counter so far as against the average daily volumes of 10.29 lakh shares in the past one month. PNC Infratech Ltd added 4.17% to Rs 307. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3.45 lakh shares were traded on the counter so far as against the average daily volumes of 34494 shares in the past one month. Cochin Shipyard Ltd advanced 3.81% to Rs 1412.65. The stock was the fifth biggest gainer in 'A' group. On the BSE, 55466 shares were traded on the counter so far as against the average daily volumes of 83140 shares in the past one month. Powered by Capital Market - Live

Net profit of Mazagon Dock Shipbuilders rose 28.76% to Rs 807.04 crore in the quarter ended December 2024 as against Rs 626.78 crore during the previous quarter ended December 2023. Sales rose 33.06% to Rs 3143.62 crore in the quarter ended December 2024 as against Rs 2362.47 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3143.622362.47 33 OPM %25.9922.82 - PBDT1102.43806.50 37 PBT1062.57786.23 35 NP807.04626.78 29 Powered by Capital Market - Live

Profit before tax stood at Rs 1,062.57 crore in the third quarter of FY25, registering a growth of 35.14% on a YoY basis. Total expenses were at Rs 2,367.49 crore in the December 2024 quarter, up 28.32% YoY. The cost of materials consumed was at Rs 973.3 crore (up 1.41% YoY), while power and fuel expenses stood at Rs 4.86 crore (up 9.70% YoY) during the period under review. On a nine-month basis, the company's net profit spiked 63.91% to Rs 2,088.22 crore on a 29.77% rise in revenue from operations to Rs 8,257.47 crore in 9M FY25 over 9M FY24. Mazagon Dock Shipbuilders is principally engaged in building and repairing of ships, submarines, various types of vessels, and related engineering products for its customers.Powered by Capital Market - Live

Mazagon Dock Shipbuilders will hold a meeting of the Board of Directors of the Company on 7 February 2025.Powered by Capital Market - Live

Mazagon Dock Shipbuilders has delivered the Sixth Scorpene Submarine 'VAGHSHEER' of Project P-75 on 09 January 2025 to the Indian Navy, subsequently to be commissioned into Indian Navy as INS Vaghsheer. Vaghsheer, was launched on 20 April 2022 and has undergone a series of comprehensive and rigorous set of tests and trials, for more than a year, to ensure delivery of a fully Combat Worthy Submarine, capable of operation in all modes and regimes of deployment. Speaking on the occasion, CMD Mazagon Dock Shipbuilders conveyed that with the delivery of Vaghsheer, India further cements its position as a Submarine Building Nation and MDL has lived up to its reputation as one of the India's only shipyard with capacity and capability to meet requirements and aspirations of the Indian Navy in all dimensions. The delivery of six Submarines namely, Kalvari, Khanderi, Karanj, Vela, Vagir and now Vaghsheer, reaffirmed India's membership in the exclusive group of Submarine Building Nations. Powered by Capital Market - Live

Mazagon Dock Shipbuilders (MDL) announced that Ministry of Defence signed a contract of Rs. 1,990 crore with the company for construction of Air Independent Propulsion Plug for DRDOAIP system & its integration into conventional submarines to enhance their endurance. The AIP technology is being indigenously developed by DRDO. The project pertaining to construction of AIP-Plug and its integration will enhance the endurance of conventional submarines. MDL is proud to be a partner in this unique program and to significantly contribute towards the Aatmanirbhar Bharat initiative. Powered by Capital Market - Live

The order entails the design, construction, and integration of contract(s) for Air Independent Propulsion (AIP) plug-in scorpene submarines. The AIP technology is being indigenously developed by DRDO. The project pertaining to the construction of the AIP plug and its integration will enhance the endurance of conventional submarines. MDL is proud to be a partner in this unique program and to significantly contribute towards the Aatmanirbhar Bharat initiative. The project is to be executed within TO + 42 months, where TO is the date of release of advance payment by the buyer to the executed seller. Mazagon Dock Shipbuilders is principally engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers. The company's consolidated net profit surged 75.76% to Rs 585.08 crore on a 50.84% jump in revenue from operations to Rs 2,756.83 crore in Q2 FY25 over Q2 FY24. Shares of Mazagon Dock Shipbuilders slipped 1.73% to Rs 2,227 on the BSE.Powered by Capital Market - Live

Mazagon Dock Shipbuilders announced the cessation of Jagjeet Kaur Neeru Singh, Non-Official Independent Director (DIN- 09449410) on the Board of the company with effect from 27 December 2024 on completion of her tenure on 26 December 2024. Powered by Capital Market - Live

Both the warships have been designed by the Indian Navy's Warship Design Bureau, constructed by MDL, and overseen by the warship overseeing team, Mumbai. The MDL said Nilgiri, the first-class (FoC) ship of Project 17A, features cutting-edge advanced technology and is comparable to the finest ships of similar class anywhere in the world. Nilgiri incorporates design features for improved survivability, seakeeping, stealth, and maneuverability. It is a ship with stealth capabilities achieved through hull shaping and the use of radar-transparent deck fittings, making it difficult to detect. The warship is packed with an array of weapons and sensors and has an all-round capability against enemy submarines, surface warships, anti-ship missiles, and fighter aircraft, the defence PSU said. It is mounted with guns for close-in defence capability and effective naval gunfire. Nilgiri is enabled to operate independently without supporting vessels and to function as the flagship of the Naval Task Force. Surat is the fourth ship of Project 15B and is a potent platform capable of undertaking a variety of tasks and missions, spanning the full spectrum of maritime warfare. It is armed with supersonic surface-to-surface 'Brahmos' missiles and 'Barak-8 Medium Range Surface-to-Air Missiles. The destroyer is fitted with indigenously developed anti-submarine weapons and sensors, prominently the Hull-mounted Sonar Humsa NG, heavy-weight torpedo tube launchers, and ASW rocket launchers to enable underwater warfare. Surat is more versatile than previous destroyers and frigates and offers enhanced capabilities against submarines, surface warships, anti-ship missiles, and aircraft, allowing it to operate independently and serve as a flagship. The indigenous content in P15B class destroyers is 72%, which is a notch above their predecessors, P15A (59%) and P15 (42%) class destroyers. Mazagon Dock Shipbuilders is principally engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers. The company's consolidated net profit surged 75.76% to Rs 585.08 crore on a 50.84% jump in revenue from operations to Rs 2,756.83 crore in Q2 FY25 over Q2 FY24. Shares of Mazagon Dock Shipbuilders slipped 6.22% to close at Rs 4,725.55 on Friday, 20 December 2024.Powered by Capital Market - Live

Mazagon Dock Shipbuilders (MDL) has delivered the First Stealth Frigate of Project 17A Class Ship and the Fourth Stealth Destroyer of Project 15B Class Guided Missile Destroyer i.e. Yard 12707 (SURAT) to the Indian Navy on 20 December 24. Both the warships have been designed by the Indian Navy's Warship Design Bureau, constructed by MDL and overseen by Warship Overseeing Team, Mumbai. Nilgiri is the First of Class (FoC) ship of Project 17A. This Ship features cutting edge advanced technology and is comparable to the finest ships of similar class anywhere in the world. Nilgiri is designed indigenously by the Indian Navy's Warship Design Bureau, New Delhi. Nilgiri incorporates the design concepts for improved survivability, sea keeping, stealth and ship manoeuvrability. Nilgiri is state of the art having stealth feature and the same have been achieved through shaping of hull and use of radar transparent deck fittings which make ships difficult to detect. This ship is packed with an array of state of the art weapons and sensors and have allround capability against enemy submarines, surface warship, anti-ship missiles, fighter aircraft. Ship has mounted with Guns for close in defence capability and effective naval gunfire. Nilgiri is enabled to operate independently without supporting vessels, and also to function as the flagship of Naval task force. With significant indigenous content, this ship is a true hallmark of self-reliance attained by our country in Warship Design and Shipbuilding and a shining example of the 'Make in India' philosophy by the Government of India. urat is the fourth ship of Project 15B and is a potent platform capable of undertaking a variety of tasks and missions, spanning the full spectrum of maritime warfare. It is armed with supersonic Surface-to-Surface 'Brahmos' missiles and 'Barak-8 Medium Range Surface to Air Missiles. Towards undersea warfare capability the Destroyer is fitted with indigenously developed anti-submarine weapons and sensors, prominently the Hull mounted Sonar Humsa NG, Heavy weight Torpedo Tube Launchers and ASW Rocket Launchers. Significantly more versatile than the previous classes of Destroyer and Frigates in Naval inventory, SURAT's all-round capability against enemy submarines, surface warships, anti-ship missiles and fighter aircraft will enable it to operate independently without supporting vessels and also to function as the flagship of a Naval task force. Powered by Capital Market - Live