{"id":113110,"date":"2026-03-06T09:00:37","date_gmt":"2026-03-06T12:00:37","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/897609540"},"modified":"2026-03-06T09:00:37","modified_gmt":"2026-03-06T12:00:37","slug":"defence-stock-on-fire-mazagon-dock-shipbuilders-limited-jumps-8-as-massive-rs-99000-crore-deal-nears-approval","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/06\/defence-stock-on-fire-mazagon-dock-shipbuilders-limited-jumps-8-as-massive-rs-99000-crore-deal-nears-approval\/","title":{"rendered":"Defence stock on fire! Mazagon Dock Shipbuilders Limited jumps 8% as massive Rs 99,000 crore deal nears approval"},"content":{"rendered":"
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Mumbai\/IBNS: Shares of Mazagon Dock Shipbuilders Limited surged 8 percent on Friday, extending gains from the previous session, media reports said.<\/p>\n<\/div>\n

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The stock had climbed 9 percent in the earlier session, snapping losses recorded over the past three consecutive days.<\/strong><\/p>\n<\/blockquote>\n

Mazagon Dock saw the rally on Thursday after the company clarified in an exchange filing that it is set to secure an order worth approximately Rs. 99,000 crore.<\/p>\n

The company said the CNC negotiations between the government and Mazagon Dock have been completed and the proposal has already been forwarded for approval from the competent authority, CNBC-TV18 reported.<\/p>\n

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Earlier, the company had indicated that the P75I submarine project order is likely to be finalised by the end of the current fiscal year.<\/strong><\/p>\n<\/blockquote>\n

Mazagon Dock\u2019s order book stood at Rs. 23,758 crore as of the end of the December quarter.<\/p>\n<\/div>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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