Mazagon Dock Share Price Target 2025

Mazagon dock share price target 2025 and what factors will influence Mazdock share price NSE?

The Mazagon Dock share price is owned by the Government of India with over 83% share capital. The Shipbuilder and Vessel construction company is controlled by the Department of Defence. The company was established in 1934, and 13 years after India's independence from the British in 1947, the company was nationalised in 1960.

With the share price of Mazagon Dock going up from Rs. 732 (6th March 2023) to Rs. 2X (8th March 2024) on the NSE, investors started following the market trend as well.

Mazagon Dock Latest News

Mazagon dock share price has decreased by Rs.31.00 on the NSE on Tuesday morning. The company's share price opened at Rs.2107.30 on the NSE, but has been trending negatively ever since after reaching Rs.2201.00.

On December 18, 2023, the Indian Navy awarded a contract for the construction and delivery of 14 new Fast Patrol Vessels (FPVs) to the European Client for an amount of Rs. 1,070 Crores. This contract was for the construction of six new Offshore Patrol Vessels (OPVs) for the Coast Guard.

On the other hand, on January 24, 2024, the Defence Ministry awarded another contract worth Rs. 1600 Crores to the leading shipbuilder in India. This contract was won from the European Client for the delivery of six new and latest Patrol Vessels (NGOPVs) to the Coast Guard.

Mazagon Dock Share Price Target 2024

Month (2024)	Maximum Target	MinimumTarget
January	Rs -	Rs -
February	Rs -	Rs -
March	Rs 2195.42	Rs 1930.40
April	Rs 2206.94	Rs 2038.70
May	Rs 2318.03	Rs 2149.62
June	Rs 2440.222	Rs 2259.22
July	Rs 2527.65	Rs 2370.11
August	Rs 2690.91	Rs 2481.01
September	Rs 2798.09	Rs 2599.05
October	Rs 2858.04	Rs 2611.30
November	Rs 2966.80	Rs 2719.90
December	Rs 3075.01	Rs 2831.70

Mazagon Dock Share Price Target 2025

Month (2025)	Maximum Target	MinimumTarget
January	Rs 3070.20	Rs 2829.50
February	Rs 3183.60	Rs 2937.01
March	Rs 3286.05	Rs 3050.22
April	Rs 3296.08	Rs 3061.60
May	Rs 3308.00	Rs 3162.91
June	Rs 3419.03	Rs 3275.00
July	Rs 3530.50	Rs 3387.06
August	Rs 3655.09	Rs 3496.70
September	Rs 3738.25	Rs 3509.79
October	Rs 3890.71	Rs 3622.48
November	Rs 3989.72	Rs 3733.00
December	Rs 4094.20	Rs 3846.32

Mazagon Dock Share Price Target 2026 to 2030

Year	Maximum Target	Minimum Target
2026	Rs 5126.60	Rs 3970.60
2027	Rs 6288.07	Rs 5097.02
2028	Rs 7379.24	Rs 6119.76
2029	Rs 8481.62	Rs 7227.66
2030	Rs 10720.20	Rs 8390.02

Mazagon Dock: NSE Financials 2023

Mazagon Dock Market Capitalisation: 39,464.60 Crores INR

Revenue	2786.27 Billion INR	⬆ 36.52% YOY
Operating expense	14.78 Billion INR	⬆ 15.37% YOY
Net Income	11.19 Billion INR	⬇ 83.20% YOY
Net Profit Margin	14.30	⬇ 34.27% YOY
Earnings Per Share	55.48	⬇ 80.07% YOY
EBITDA	7.87 Billion INR	⬇ 74.16% YOY
Effective Tax Rate	24.17%
Total Assets	294.63 Billion INR	⬇ -1.03% YOY
Total Liabilities	247.03 Billion INR	⬇ -4.67% YOY
Total Equity	47.60 Billion INR
Return on assets	1.53%
Return on Capital	10.51%
P/E Ratio	26.49
Dividend Yield	1.06%

Mazagon Dock Shareholding Pattern 

• Promoters: 84.83%

• FII: 3.32%

• DII: 0.05%

• Retail & Others: 11.43%

• Mutual Funds: 0.37%

Mazagon Dock Competitors (Market Cap: 42,335.74 crores INR)

• Cochin Shipyard Market Cap: 23,189.26 crores INR)

• Garden Reach SIL Market Cap: 9,500.37 crores INR)

• ABG Shipyard Market Cap: 11.96 crores INR)

• Bharati Defence IL Cap: 9.81 crores INR

Points to consider before investing in Mazagon Dock Stock

Mazagon Dock shipbuilders Limited ‘under the Ministry of Defence (MoD) India’ and last year, the state-owned Defence sector company won contracts worth approximately Rs 6000 crores for the construction and delivery of Defence Industry equipment and Vessels. This indicates the robustness of demand for the company which should sustain investor morale.

The contracts worth around Rs 6,000 crore for India's largest shipbuilder may have contributed to the significant rise in the Magazon share price on the stock exchange, which has risen by 186% since 6th March 2023.

However, analysts from Arhant Capitals recommend ‘profit taking’ on the Magazon Dock share price prediction. Experts from Arihant Capital have advised against opening new positions in Magazon share price.

The share price of Magazon Dock Shipbuilders Limited has been on a rising trend since last year. The company has won several contracts signed by Shipbuilders and Defence Sector companies. However, in the year 2024, the share price of Mazdock has decreased by 8% from Rs 2289 on January 1, 2024 to Rs 2100 as of today, 5th March 2024.

Conclusion

Mazdock Share Price History on the stock exchange has been on a steep upward trend with a huge gain of 186% since March 6th, 2023. Also, The Mazdock Share Price NSE went from Rs 168 (Oct 20th, 2020) to Rs 2101 (March 5th, 2024) in the last five years of its stock trading. This shows how Mazagon Dock Share Price has been providing a good return on investment to the investors. Last year, India’s largest shipbuilder and vessel construction company shares skyrocketed on the stock exchange due to the contracts worth around 6,000 crores in fiscal year 2023 for the company. 

As an investor, one must consider an expert's advice before making any investment related commitment on the stock market. India Property Dekho recommends a thorough research of the stock.

FAQ

What is the Mazagon Dock Share Price Target  2025?

Mazagon Dock Share Price Target 2025 is between Rs 4094 and Rs 2829.

What is the Mazagon Dock Share Price Target 2026?

Mazagon Dock Share Price Target for the year 2026 is between Rs 5126 and Rs 3970.

What is the Mazagon Dock Share Price Target  2030?

Mazagon Dock Share Price Target 2030 is predicted to remain between Rs 10,720 and Rs 8,390.

What is the NSE Mazdock Share Price Target 2024?

Mazagon Dock Share Price Target 2024 is between Rs 3,075  and Rs 1,930

What is the Mazagon Dock Share Price Prediction 2025?

Mazagon Dock Share Price Prediction 2025 is predicted to remain between Rs 4094 and Rs 2829.

What is the Mazagon Dock Share Price NSE Prediction 2030?

Mazagon Dock Share Price Prediction 2030 is predicted to remain between Rs 10,720 and Rs 8,390.

What is the Mazdock Share Price NSE Target 2027?

Mazagon Dock Share Price Target 2027 is between Rs 6288 and Rs 5097.

What is Mazagon Dock Share Price Target 2025 and Mazagon Dock Share Price Target 2030

Mazagon Dock Share Price Target 2025 is 3846 and Mazagon Dock Share Price Target 2030 is 8390