Anand Rathi: Mazagon Dock Shipbuilders IPO - Robust Revenue Visibility, Valuation At Discount To Peers

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Anand Rathi Report.MiniRatna-I Defence PSU: Incorporated in February 1934, Mazagon Dock Shipbuilders Ltd., a public-sector undertaking under the Department of Defence production, constructs and repairs warships and conventional submarines for the Ministry of Defence for the Indian Navy, besides vessels for commercial clients.It has production capacity of 40,000 dead weight tonnes, with two segments shipbuilding (naval shipbuilding/repairs) and submarine/heavy engineering.To diversify its revenue stream, it is looking to scale up its stable ship-repair business. For this, it is exploring a greenfield shipyard at Nhava Sheva, Navi Mumbai, focusing on construction/repair of warships and commercial ships.Its greater efforts regarding ship repair would enable it to diversify and broaden its client base, reducing dependence on the MoD for orders..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Anand Rathi: Mazagon Dock Shipbuilders IPO - Robust Revenue Visibility, Valuation At Discount To Peers

Anand Rathi: Mazagon Dock Shipbuilders IPO - Robust Revenue Visibility, Valuation At Discount To Peers

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