Defence public sector undertaking (PSU) Mazagon Dock share price settled with the gain of 1.66% on Bombay Stock Exchange (BSE) to Rs 2357.80 per share as Sensex surged 1089 points to 74,227. Board of Directors of the large cap company today recommended 2nd interim dividend of Rs 3/- per equity share of the face value of Rs 5/- each for the financial year 2024-25. The company fixed April 16, 2025 as the record date for interim dividend. Mazagon Dock Shipbuilders share price slid 8.56% in last 1-week as Sensex plunged 2.36% and BSE Industrial index slipped 5.71% during the similar tenure. However, the stock delivered 109.55% returns in last 1-year. The company has a market cap of Rs 95,108.94 crore. Its return on equity (ROE) is 40.47%. Check key details given below:
Mazagon Dock Shipbuilders Declares Interim Dividend, Shares Zoom
According to the exchange filing of the PSU dated April 8, 2025, “This is to inform that, Board of Directors of the Company in its meeting held on 8 April 2025 has approved the declaration of 2nd Interim Dividend of Rs. 3/- per equity share of Rs. 5/- each fully paidup for the Financial Year 2024-25.”
Mazagon Dock Shipbuilders Sets Record Date For Interim Dividend
The exchange filing added, “Further, the Company has fixed Wednesday, 16 April 2025 as “Record Date” for the 2nd Interim Dividend. The payment of the same shall be completed on or before 07 May 2025.”
Mazagon Dock Shipbuilders Declares Turnover
The exchange filing dated April 8 added, “We wish to inform that Mazagon Dock Shipbuilders Limited (MDL) recorded a turnover of Rs. 10,775.34 Crores approx. (provisional and unaudited) for the financial year ended on 31 March 2025 (corresponding figure for the previous year was Rs. 9466.58 Crores).”
Mazagon Dock Stock Performance & Return
The 52-week high of Mazagon Dock share price on BSE is Rs 2929.98 per share (as on 05/07/2024) and 52-week low price is Rs 1046.00 per share (as on 13/05/2024), respectively. Mazagon Dock shares gained 5.04% year-to-date, surged 15.55% in last 6-months, and offered stunning returns of 584.61% in last 2-years. The PSU stock zoomed 1502.8% in last 3-years.
Mazagon Dock About
Mazagon Dock Shipbuilders Limited is one of the leading shipbuilding yards in India. The History of Mazagon Dock dates back to 1774, when a small dry dock was constructed in Mazagon. Over the years, MDL has earned a reputation for quality work and established a tradition of skilled and resourceful service to the shipping world in general and the Indian Navy & Coast Guard. It came into existence in 1934. After its takeover by the Government in 1960, Mazagon grew to emerge as the premier war-shipbuilding yard in India.
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