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MAZG – Mazagon Dock Shipbuilders Ltd

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Recommendation Rating

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 4.69

Low: 3.8

High: 5.21

Total Analysts: 3

Company Profile

Mazagon Dock Shipbuilders Limited is engaged in building and repairing ships, submarines, various types of vessels, and engineering products. The Company is into the construction of warships and submarines. It is into two major segments Shipbuilding (New Construction and Ship Repairs) and Submarine. The Shipbuilding segment builds a naval ship and commercial vessel which include Nilgiri, corvettes, Godavari class frigates, patrol vessels, destroyer, trilling suction hopper dredger, offshore supply vessel, special trade passenger cum cargo vessel, and BOP vessel. Submarine segment builds submarines which include INS Shalki, INS Shankul, and Scorpene submarine. It offers various products such as Naval Platforms, destroyers, conventional submarines, frigates, offshore patrol vessels, and floating border outposts; Merchant ships offers general cargo vessel, multipurpose support vessel, offshore supply vessel, tugs, dredgers, passenger cum cargo vessel, water tankers, barges, and trawlers.

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