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Mazagon Dock Shares Price Target 2023, 2024, 2025, 2026, 2030

Mazagon Dock Share Price Target: Hello, and welcome to this article. Today, we’ll review Mazagon Dock’s operations, how it earns profits, potential growth areas, and all sorts of information regarding this business to gain a better understanding of the trend in price targets of Mazagon Dock shares.

In addition, after analyzing the company’s stock, we will share the results with you, so that you will have an idea about this stock.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss Mazagon Dock Share Price Target for 2023, 2024, 2025, 2030.

Before diving into Mazagon Dock stock price targets let’s look at the Mazagon Dock company background, the technical basics, fundamental analysis, shareholders, future potential, etc.

It will help you in making a final decision about your next investment. However, first, let’s examine the company’s history and its complete business structure.

Company Overview

Mazagon Dock Shipbuilders Limited (MDL) was founded in 1934 and is owned by the Indian government. 

The shipyard is involved in the building of submarines and warships for the Indian Navy as well as for customers from all over the globe. It is one of the leading shipyards in India and is located in Mumbai, Maharashtra.

MAZDOCK has established a reputation for its high-quality vessels and submarines. That’s why Mazagon has been awarded numerous distinctions and awards for its achievements in the field of shipbuilding. 

A few of the notable projects include building Scorpene-class submarines as part of the Project 75 program and constructing INS Vikrant, India’s very first airship carrier that is indigenous to India. 

Alongside the shipbuilding industry, Mazagon Dock also offers the following services: repairs and maintenance of ships modernization and refitting of ships that are already in operation, and designing and building offshore platforms.

Mazagon Dock Past Returns

Mazgaon Dock Shipyard has attracted the attention of everyone with its return. Today, all attention is focused on this company. You’ll be amazed to learn about the previous results of this company. 

The company has provided an average rate of return that was 240% over the past year, and around 1100% in the last three years.

That is, if you had invested Rs 1 lakh in shares of the company in the last three years, your 1 lakh investment could have turned into Rs 10 lakh. 

The company was listed in 2020, and since then it has earned 11 times more cash and has given it to investors in only 3 years.

  • 1 Month Return: 12%
  • 1 Year Return: 239%
  • 3 Year Return: 1150%
  • All Time Return: 1150%

Mazagon Dock Company Share Financial History

The shares of the Mazagon Dock Shipbuilders increased by 249% in just one year. The shares of the government-owned company stood at Rs 618.55 on the 18th of October 2022. 

Shares of Mazagon Dock Shipbuilders ended at 2154.65 on the 17th of October 2023. Through the year the shares of Mazagon Shipbuilders have increased in excess of 173 percent. 

However, Mazagon Dock Shipbuilders’ shares have risen around 201% in the past six months. 

Mazagon Dock Shares Price Target 2023

This company has taken the world by storm. Nobody had anticipated to see the level of success the company has had over the past few years. 

The company has been successful in all aspects, thanks to which the price of shares of the company has shot upward rapidly. The company’s performance is very impressive for 2023. 

In 2023, the company has earned a profit of 240 percent. From there, a further rise can be observed in the price of shares that the business i.e. Mazagon Dock Share Price Target is expected to be 2350 in 2023.

Mazagon Dock Shares Price Target 2024

According to the report, Mazagon Dock Shipbuilders Limited has announced that it has signed a deal to work with the American government, which is known as the Master Ship Repair Agreement, meaning that the company can now perform the task of repairing American Navy vessels and ships, which is a good thing for the business. 

As it is reported, in the wake of this announcement the shares of the company experienced an increase of around 16% in just one day.

Based on the performance of the company over the past few years It is expected for the business to be performing well through 2024 as a result of the fact that Mazagon Dock Share Price Target is anticipated to hit the level of Rs 3081 by 2024.

Mazagon Dock Shares Price Target 2025

The revenue of this business was 3,530 in the year 2017 and it is 2023 and the revenues of the company have grown to 7,827 crores in just five years.

In other words, increasing revenue in 5 years has nearly doubled. If a company can double its revenue every five years then, there will be significant growth in the profits and the price for shares of this business.

If we consider the price of shares in 2025, then Mazagon Dock’s share price target could reach the price of Rs 4635 by 2025; it will provide a decent return to its investors in 2025.

Mazagon Dock Shares Price Target 2026

The company is successful in designing Sourcing and manufacturing of selected essential components for both warships and submarines. These will increase the operating profit margin.

The present government has increased the defense budget for India the defense budget of India has been increased by 13% each year, to 5.94 lakh crore in the 2023-24 session.

The company has no debt, which will benefit the business in the future. Also, the company has an abundant cash flow because of its order book. This is also beneficial to investors who are retail.

The Company Rapidly expanded its business in repair and maintenance. 

Additionally, DAC has finally approved the plan of 43000 rupees to the domestic clip to build six new generation stealth Submarines (P75i) with foreign collaboration. The deal will fall to Mazagon Dock Shipbuilder Ltd.

The share price of Mazagon Dock by 2026 is likely to be 5220. If we are talking about the highest price for shares, it could easily go up to 5535.

Mazagon Dock Shares Price Target 2027

The company gets the majority of its earnings from the area of shipbuilding. The company earns around 89% of its revenues from this field. 

In the near future, the management of this firm will be doing manufacturing in areas such as Underwater Equipment And Platform, Marine Equipment And Platform, and Heavy Engineering Equipment.

This decision of management will certainly increase sales. Because the company has assets that amount to around 30000 crores in the total assets, it will have no issues at the beginning of any new experiment. 

Mazagon Dock’s Share Price Target: Considering the financials of this company, the share target numbers for 2027 will range from Rs.5825 to 6000.

Mazagon Dock Shares Price Target 2030

We have already mentioned that the company has a tendency to double its revenue each year for five consecutive years.

If we consider the profit of the business, then this year has seen an increase of nearly 100 percent in profit as well as EPS for the business. 

In March of 2022, the profit was 586 whereas EPS was 29 which is up by 100 percent. in March 2023, the profit will be Rs. 1,073 crore, with an EPS of Rs 56.6. 

This is why the price of shares in the company has witnessed an increase of 250 percent over the past year. 

It is anticipated that the profit of the company will have risen by 5-10 times by 2030. Hence, we anticipate Mazagon Dock’s Share Price Target to rise upwards to Rs 25900 in 2030.

Shareholding Pattern Of Mazagon Dock

  • Promoters: 84.83 percent
  • Retail & Others: 11.65%
  • FII: 3.29 percent
  • Mutual Fund: 0.22%
  • DII: 0.01 percent

What Is The Future of Mazagon Dock Share?

The future of this company is promising as it is the biggest and most enduring company in the field of defense and is extremely solid in terms of fundamentals, both financially and technologically. 

This business with greater promoters and an excellent market registration is able to operate for a long time, and will also provide better returns for its investors. 

With the way that the government is implementing its policies in the defense industry, the overall business of this firm will experience an increase in growth.

Risk Factors Of Mazagon Dock

While there doesn’t appear to be any danger to this company, however, if we look at it it is evident that the debt is increasing continuously. 

The company owes of around Rs 26 million crores, which could cause problems for the company in the near future. Additionally, this company faces a lot of competitors from rival businesses.

The strengths of Mazagon Dock Shipbuilders:

  • The most significant benefit of the business is the fact that it is a PSU company which means you don’t have to be concerned about the management of the business.
  • Its ROE of the business is 28 percent, while its ROCE is 38%, which you could consider as an excellent number.
  • The company’s debt of just 6 crores which is lower than its market capitalization. It is possible to conclude that this company is a debt-free company.
  • The profit of the company has grown by 100 % in the past year.
  • The company’s promoter is actually the Indian Government and the promoter’s percentage in this company is 84 percent which is beneficial for the company.
  • The Indian Government is always expanding the defense budget of its citizens, and this is likely to benefit companies such as Mazagon Dock Shipbuilders Ltd working in the defense industry.
  • Since the company’s initial listing in 2020, the shares have done very well.

Mazagon Dock Shipbuilders’ weakness

There is nothing negative aspects of the business. The profit, sales, and ROE of the business all look great, but the value of the company has been increasing in recent times. 

It’s also possible you will purchase the stock at this price and then purchase it at a more expensive cost. 

Should you invest in Mazagon Dock Shipbuilders Ltd shares?

As we have stated above, we don’t have any concerns within the business. 

If the company performs similarly to how it has performed previously, this stock may rise by five times and perhaps even twenty times over the near future. 

Before you invest in shares of the company it is important to consider the value of the company. 

The valuation of the business is at its highest point ever In such a scenario there is a possibility that a slight change could be noticed in the value of shares of the company at this point.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

conclusion

This article is a complete guide to Mazagon Dock Share Price Target, where you can find out what Mazagon Dock is, its businesses, and Mazagon Dock Share Price Target.

Share price forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about Mazagon Dock’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of Mazagon Dock so that you can consider investing in the future. If you have any questions, please contact us in the comment box.

We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

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