Mazagon Dock Shipbuilders Limited (MDL), located in Mumbai, Maharashtra, is a leading public sector shipyard that specializes in constructing warships and submarines for the Indian Navy. With a rich history dating back to 1934, MDL has been instrumental in bolstering India’s defense capabilities. The shipyard is known for its expertise in building a wide range of vessels, including destroyers, frigates, and submarines. MDL’s commitment to quality and innovation has earned it a stellar reputation in the industry. In 2020, MDL made headlines with its Initial Public Offering (IPO) listing price at INR 145 per share.
Yearly Return:
2023 – 415% Profit
2020 to 2023 – 1186% Profit
Garden Reach Shipbuilders & Engineers (GRSE)
GRSE, based in Kolkata, West Bengal, is another esteemed shipbuilding corporation under the Ministry of Defence. Established in 1884, GRSE has a heritage of more than a century. The shipyard specializes in constructing a diverse range of vessels, including warships, patrol boats, and commercial ships. GRSE’s focus on modernization and technological advancements has enabled it to deliver state-of-the-art ships.
Yearly Return
2018 to 2023- 757%
Cochin Shipyard Limited
Cochin Shipyard, situated in Kochi, Kerala, is the largest shipbuilding and maintenance facility in India. Since its inception in 1972, Cochin Shipyard has played a crucial role in the shipbuilding and repair sector. The shipyard excels in building various types of vessels, such as passenger ships, tankers, and offshore platforms. Cochin Shipyard had its IPO in 2017, with a listing price of INR 432 per share. Its strategic location on the west coast of India makes it an ideal hub for shipbuilding and repair activities.
Yearly Return
