Mazagon Dock witnessed a 3.5 percent increase in share price during the opening trade on December 21, following the company’s contract signing to construct six vessels for the Indian Coast Guard.
The agreement, inked with the Ministry of Defence’s acquisition wing, entails the construction and delivery of six Next-Generation Offshore Patrol Vessels (NGOPVs).
As of 12:44 pm, the shares continued their upward trend, trading at ₹2,116.85, reflecting a 3.45% gain.
