MAZDOCK

Feb 5 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• MAZAGON DOCK DEC-QUARTER CONSOL PROFIT 8.8 BILLION RUPEES

• MAZAGON DOCK DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 36.01 BILLION RUPEES

Source text: ID:nNSE3tZfL6

Further company coverage: MAZG.NS

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Jan 12 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• QUEST FLOW CONTROLS LTD - GETS ORDER WORTH 21.7 MILLION RUPEES FROM MAZAGON DOCK SHIPBUILDERS

Source text: ID:nnAZN4RX8PX

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FRANKFURT, Jan 9 (Reuters) - State-owned German utility Uniper UN0k.DE is nearing a deal to buy green ammonia from India as part of Chancellor Friedrich Merz's planned visit to the country next week, two people familiar with the matter said.

Green ammonia, made with renewable electricity, can be used to make the green hydrogen Germany is partly betting on as an alternative to fossil fuels.

The sources did not provide any details about the volume of the planned ammonia agreement, only saying it was in line with further diversifying the group's supply base.

Uniper declined to comment on the agreement, which was first reported by business newspaper Handelsblatt.

Uniper, which was bailed out by Berlin during Europe's energy crisis, in 2023 signed a preliminary agreement with India's Greenko Group to purchase 250,000 metric tons of green ammonia per year.

The trip to India on Sunday will be Merz's first as chancellor to what has become the world's fourth-biggest economy and an increasingly important trading partner for Berlin.

Among the biggest potential business deals for the two countries is a roughly $8 billion submarine cooperation between Germany's TKMS TKMS.DE and India's Mazagon Dock Shipbuilders (MDL) MAZG.NS.

The deal, which covers the construction of six submarines - and an option for an additional three - has reached a critical stage as the partnership, the only remaining consortium in the process, recently started contract negotiations with India's procurement authority.

"This initiative is expected to deepen strategic and industrial ties between India and Germany, highlighting both nations' commitment to technological cooperation and maritime security," TKMS said in a statement.

"TKMS as the technology provider will be supporting MDL to achieve the project requirements, leveraging its supply chain and the industrial base in India."

(Reporting by Christoph Steitz, additional reporting by Shivam Patel; Editing by Kirsten Donovan)

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Sept 11 (Reuters) - thyssenkrupp AG TKAG.DE:

• GERMANY'S TKMS: ALONG WITH MAZAGON DOCK SHIPBUILDERS (MDL) HAS BEGUN OFFICIAL CONTRACT NEGOTIATIONS WITH INDIAN PROCUREMENT AUTHORITY FOR SUBMARINE PROJECT

• GERMANY'S TKMS: ORDER BACKLOG AS OF JUNE 30, 2025, HAS THUS INCREASED TO EUR 18.5 BILLION

Source text: [ID:]

Further company coverage: TKAG.DE

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Sept 10 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• NEGOTIATIONS WITH INDIAN NAVY ON SUBMARINE PROJECT-P75(I) HAVE COMMENCED

Source text: ID:nnAZN4HX86P

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June 28 (Reuters) - Indian state-owned Mazagon Dock Shipbuilders MAZG.NS said it would buy a controlling stake in Sri Lankan peer Colombo Dockyard DOCK.CM in a deal not exceeding $52.96 million to grow its shipbuilding and repair business.

The transaction, involving the acquisition of at least 51% equity in Colombo Dockyard, will close within six months, after which the Sri Lankan shipbuilder will become a part of Mazagon Dock Shipbuilders, according to a regulatory filing on Friday.

Colombo Dockyard was not immediately available for comment outside business hours.

Mazagon Dock Shipbuilders also builds warships and submarines, and the deal is seen giving India a strategic foothold in the Indian Ocean island nation where New Delhi and Beijing have been jostling for influence for years.

For 2024, Colombo Dockyard's turnover was 25.45 billion Sri Lankan rupees ($84.89 million), according to the filing, while Mazagon Dock Shipbuilders' revenue for the year ended March 2025 was 114.32 billion Indian rupees ($1.34 billion).

($1 = 299.8000 Sri Lankan rupees)

($1 = 85.4400 Indian rupees)

(Reporting by Praveen Paramasivam in Chennai and Uditha Jayasinghe in Colombo; Editing by Sam Holmes)

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** Shares of Mazagon Dock Shipbuilders MAZG.NS fall 5.4% to 3,547.30 rupees

** The warships and submarines maker's fourth-quarter consol profit falls 50.9% Y/Y to 3.25 billion rupees ($38.1 million)

** Quarterly revenue rises 2.3% Y/Y, while expenses jump 19.6% Y/Y

** Stock set to snap a seven-session gaining streak

** MAZG stock up ~59%, YTD

($1 = 85.2920 Indian rupees)

(Reporting by Vijay Malkar)

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April 18 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• GOVERNMENT APPOINTS CAPT JAGMOHAN TO POST OF CHAIRMAN & MD

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April 3 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• MAZAGON DOCK SHIPBUILDERS LTD - PRESIDENT OF INDIA TO SELL UP TO 11.4 MILLION SHARES

• MAZAGON DOCK - FLOOR PRICE FOR OFFER AT 2525 RUPEES PER SHARE

• MAZAGON DOCK SHIPBUILDERS LTD - OFFER FOR SALE HAS OVERSUBSCRIPTION OPTION OF 4.83% STAKE

Source text: ID:nBSEb54tpJ

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March 21 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• MAZAGON DOCK SHIPBUILDERS - MDL SIGNS MOU WITH GOA DISASTER MANAGEMENT AUTHORITY

Source text: ID:nNSE90GgVT

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March 19 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• MDL BEGINS CONSTRUCTION OF AIP PLUG FOR P75 PROJECT

Source text: ID:nNSE43SwFb

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Feb 7 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• DEC-QUARTER CONSOL PROFIT 8.07 BILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 31.44 BILLION RUPEES

Source text: [ID:]

Further company coverage: MAZG.NS

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By Shivam Patel

NEW DELHI, Jan 23 (Reuters) - German shipbuilder ThyssenKrupp and its Indian partner have cleared field trials for building six advanced conventional submarines for the Indian Navy, according to an exchange filing, emerging as the sole contender for the $5 billion project.

Their potential rival, Spanish state-held shipbuilder Navantia, which partnered with India's Larsen & Toubro (L&T) LART.NS, could not meet the navy's requirements in trials held in 2024 for testing key technologies, an Indian defence source said.

The project is crucial to India's effort to modernise its military and boost its naval capabilities in the face of China's growing presence in the Indian Ocean region.

ThyssenKrupp's Indian partner, state-owned Mazagon Dock Shipbuilders Ltd MAZG.NS, said in an exchange filing on Thursday that its field trials for the project were successful and the Indian defence ministry had invited the company for commercial negotiations next week.

The defence ministry, L&T and its submarine partner did not respond to requests for comment.

A key requirement for the project was air-independent propulsion (AIP) technology, which would allow the diesel-electric attack submarines to stay underwater for over two weeks. A conventional submarine without AIP technology would have to surface every few days to charge its batteries.

Currently, the 17 conventional submarines operated by the Indian Navy do not have AIP technology, which India's neighbours China and Pakistan have, according to nonprofit Nuclear Threat Initiative.

Analysts say the project for the six new submarines has been delayed by more than a decade, with the first of them now expected three to five years after a contract is agreed.

About half of India's conventional submarines have undergone multiple upgrades and retrofits over the past few years and are nearing the end of their productive lives.

($1 = 86.5025 Indian rupees)

(Reporting by Shivam Patel in New Delhi
Editing by Mark Potter)

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Jan 22 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• DISCUSSIONS ON SOLAR CELL POWERED BOAT BETWEEN CO AND JNPA IN PRELIMINARY STAGE

Source text: ID:nBSE78d3zB

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Jan 13 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• MAZAGON DOCK SHIPBUILDERS- COMMENCES PRODUCTION OF TRAINING SHIP FOR INDIAN COAST GUARD

Source text: ID:nBSEc51dkM

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Mazagon Dock Shipbuilders Ltd MAZG.NS:

• MAZAGON DOCK SHIPBUILDERS LTD - SANJEEV SINGHAL'S TERM AS CHAIRMAN & MD EXTENDED

Source text: ID:nBSE9Y54Yl

Further company coverage: MAZG.NS

** Shares of Mazagon Dock Shipbuilders MAZG.NS rise as much as 4.5% to 2,370 rupees

** Shipbuilding co gets two contracts from Indian government worth about 28.67 bln rupees (~$335 mln)

** Orders for building a system to improve endurance of submarines and to install a new torpedo on submarines to boost firepower

** Stock rises after falling for two consecutive sessions

** MAZG extends YTD gains to ~100%

($1 = 85.5700 Indian rupees)

(Reporting by Yagnoseni Das in Bengaluru)

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Dec 30 (Reuters) -

• INDIA GOVERNMENT: SIGNED 19.9 BILLION RUPEES CONTRACT WITH MAZAGON DOCK SHIPBUILDERS LTD

• INDIA GOVERNMENT: SIGNED DEFENCE CONTRACT WITH NAVAL GROUP, FRANCE FOR 8.7 BILLION RUPEES

Further company coverage: MAZG.NS

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Dec 20 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• MAZAGON DOCK SHIPBUILDERS - DELIVERS STEALTH FRIGATE, P15B DESTROYER TO INDIAN NAVY

Source text: ID:nBSE7nFl93

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Dec 19 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• MAZAGON DOCK SHIPBUILDERS LTD - MDL COMMENCES PRODUCTION OF FIRST FAST PATROL VESSEL FOR ICG

• MAZAGON DOCK SHIPBUILDERS LTD - MDL TO DELIVER 14 FAST PATROL VESSELS IN 10.70 BILLION RUPEES PROJECT

Source text: ID:nBSE5ZHjdg

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Dec 13 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• MAZAGON DOCK - CLARIFIES NEWS ABOUT SIX SUBMARINES UNDER PROJECT P751

• MAZAGON DOCK - NEWS IS UNCONFIRMED, GOT NO INFORMATION FROM INDIAN NAVY

Source text: ID:nBSE7F5SBY

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Dec 4 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• CLARIFIES ON REPORT REGARDING 3 ADDITIONAL SUBMARINES OF SCORPENE CLASS

• COMMERCIAL NEGOTIATIONS WITH RESPECT TO PROJECT ARE IN PROCESS

Source text: ID:nBSE2MDQz

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** Shares of Mazagon Dock Shipbuilders MAZG.NS rise as much as 6% to 4,267 rupees

** MAZG's Q2 consol profit jumps 76% y/y to 5.85 bln rupees ($69.6 mln); rev soars 50% to 27.57 bln rupees

** Stock has been above its 200-day SMA since May, indicating bullish sentiment

** MAZG last up 5.5%, extending YTD gains to ~86%

($1 = 84.1150 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

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Oct 10 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• GETS ORDER WORTH 1.22 BILLION RUPEES

Source text for Eikon: ID:nBSE7VCzb3

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** Shares of Mazagon Dock Shipbuilders Ltd MAZG.NS rise as much as 3% to 4,350 rupees

** Co says it commenced production of first multipurpose cargo vessel (MPV) for Navi Merchants, Denmark

** Stock on track to snap two days of losses

** MAZG last up 1.6%, adding to YTD gains of 87.4%

(Reporting by Meenakshi Maidas in Bengaluru)

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Sept 24 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• COMMENCED PRODUCTION ACTIVITY FOR FIRST MPV FOR NAVI MERCHANTS

Source text for Eikon: ID:nBSE9HHQjP

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Aug 14 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• MAZAGON DOCK SHIPBUILDERS JUNE-QUARTER CONSOL PROFIT 6.96 BILLION RUPEES

• MAZAGON DOCK SHIPBUILDERS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 23.57 BILLION RUPEES

Source text for Eikon: ID:nBSE2wWZzR

Further company coverage: MAZG.NS

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** Shares of Mazagon Dock Shipbuilders MAZG.NS up as much as 14.5% to a record high of 3,880 rupees, last up 13%

** Shares changed hands in 11 block deals in range of 3,396 rupees- 3,827.7 rupees a share, per LSEG data

** Block deals at premium on stock's last close of 3,389.9 rupees

** MAZG eyes busiest trading day since May 17, overall over 9.6 mln shares changed hands

** Trading volume at 2.6x the 30-day avg

** Stock eyes best-day since June 2023

** MAZG is the top gainer on the Nifty mid-cap index .NIFMDCP100, which is up 0.9% to hit record high .BO

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Mazagon Dock Shipbuilders MAZG.NS up as much as 12.1% to 3,403.95 rupees; last up 10.7%

** Jump comes after the shipbuilding company reported a more than two-fold jump in its March-qtr consolidated profit to 6.63 bln rupees ($79.6 mln)

** Revenue from operations rose 49.3% Y/Y

** Stock set to snap two straight session of losses, if trend holds

** Co also recommended a final dividend of 12.11 rupees per share

** More than 8 mln shares change hands by 3:08 p.m. IST, 2.8x 30-day avg

** Including session's gain, stock is up 47.5% YTD

($1 = 83.3268 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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May 2 (Reuters) - Mazagon Dock Shipbuilders Ltd MAZG.NS:

• SIGNED INDIVIDUAL SHIPBUILDING CONTRACTS WITH EUROPEAN CLIENT

• CONTRACT FOR APPROX $42 MILLION

Source text for Eikon: ID:nNSE6Zlv00

Further company coverage: MAZG.NS

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