India's Mazagon Dock rises on pact with Brazilian and Indian navies

Mazagon Dock Shipbuilders

11/12/2025 08:38

** Shares of Mazagon Dock Shipbuilders MAZG.NS rise 1.4% to 2,474 rupees

** Indian shipbuilding yard company signed pact on Wednesday with Brazilian and Indian navies around information exchange on Scorpene class submarines and other military ships

** 3 analysts out of 5 covering stock rate it "buy" or "strong buy", 2 rate it "sell" or "strong sell"; median PT is 3,307.5 rupees - data compiled by LSEG

** Stock rose 9.48% YTD up to last close

 (Reporting by Abhirami G in Bengaluru)

 ((abhirami.g@thomsonreuters.com))