Mazagon Dock Shipbuilders shares surged 6.4% to Rs 2,475 in Thursday s trade on BSE after the firm signed a contract worth RS 1,070 crore with the Ministry of Defence. The deal is for the delivery of 14 Fast Patrol Vessels (FPVs).
Shares of defence firm Mazagon Dock Shipbuilders have given exceptional returns to their investors in the last 3 years. The stock surged from ₹218 in January 2021 to around ₹2,300 currently, rallying almost 955 percent in 3 years.