Mazagon Dock Shipbuilders hits 52-week high on bagging 'Navratna' status

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Mazagon Dock Shipbuilders hits 52-week high on bagging 'Navratna' status - Business Standard

Quick Summary:

At 09:48 PM; the share of the company pared some of its gains and was 4.49 per cent higher at Rs 4155 per share on the BSE.

The company's revenue surged by 50 per cent to Rs 3,103.6 crore from Rs 2,078.6 crore in the same period last year.

This includes reporting a net profit exceeding Rs 5,000 crore annually, maintaining an average annual turnover of Rs 25,000 crore, or demonstrating an average annual net worth exceeding Rs 15,000 crore.