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Mazagon Dock Shipbuilders Shares Soar After Securing Order From ONGC

It has risen 93.20% in the last 12 months. Total traded volume so far in the day stood at 1.8 times its 30-day average.

<div class="paragraphs"><p> Representational image. (Source: Mazagon Dock Shipbuilders/Facebook)</p></div>
Representational image. (Source: Mazagon Dock Shipbuilders/Facebook)
Shares of Mazagon Dock Shipbuilders rose by more than 3% on Monday following the announcement of a substantial Rs 1,486.40-crore order from Oil and Natural Gas Corp, awarded on Friday. The contract, detailed in an exchange filing, involves a pipeline replacement project to be executed on an engineering, procurement, and construction reimbursable basis. Mazagon Dock is expected to complete the project by February 28, 2026. Earlier, in...
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