DSIJ Mindshare

BSE Industrials: This ship-building company is skyrocketing on Friday afternoon
Shamita Nadkarni
/ Categories: Trending, Mindshare

BSE Industrials: This ship-building company is skyrocketing on Friday afternoon

The company stock is up by 12.42 per cent and has touched a fresh 52-week high.

Mazagon Dock Shipbuilders Ltd is primarily engaged in building and repairing ships, submarines and various types of vessels and related engineering products for various domestic and international clients. 

The company posted robust Q1FY23 results: 

In Q1FY23, the revenue jumped 83.68 per cent YoY to Rs 2230.32 crore from Rs 1214.24 crore in Q1FY22. On a sequential basis, the top line was up by 59.72 per cent. PBIDT (Ex OI) was reported at Rs 173.68 crore, up by 147.23 per cent and the corresponding margin was reported at 7.79 per cent, increasing by 200 basis points YoY. The company reported its PAT at Rs 217.02 crore, a growth of 133.98 per cent from Rs 92.75 crore reported in the same quarter the previous year. 

On Friday, the company share price skyrocketed and the stock registered a fresh 52-week high of Rs 357.70 and it has a 52-week low of Rs 224. At 12:35 pm, the shares have rallied by 12.34 per cent and the scrip is trading at Rs 352.30.    

Previous Article Stocks below Rs 100: Only buyers seen in these scrips on August 26
Next Article This share below Rs 10 to raise Rs 50 crore via QIP route
Print
3316 Rate this article:
4.2
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR