Mazagon Dock Shipbuilders IPO


Staff member
Mazagon Dock Shipbuilders IPO

Opens: 29th September.
Closes: 1st October.

This one is expected to double on listing.

I am not sure about the long-term but momentum may take it higher for a few days after listing.

Long-term prospects depend on how fast the government ramps up its naval budget and also on competition. Sooner or later private players will become serious competitors to PSU ship-building companies.