Chemplast Sanmar 10% increase in PVC spreads will result in Ebitda and EPS upgrades of 13% and 23%
Posts in category All News
Mazagon Dock: aptly called “Ship Builder to the Nation” (04-07-2024)
trying to understand what Mazagon aim to do with the freedom that comes with being a navratna
IDFC First Bank raises Rs 3,200 cr by selling shares to LIC, 5 others (04-07-2024)
Champai Soren: JMM leader whose entry and exit as CM both dramatic (04-07-2024)
Stock market has risen 4 times during Modi govt’s tenure: Piyush Goyal (04-07-2024)
Mazagon Dock: aptly called “Ship Builder to the Nation” (04-07-2024)
No this news is very old news discounted on same day.
thanks to digital media everyone has access.
As I had posted earlier, it is trying to catch up with its peers in valuation.
pl go through this link
Mazagon Dock: aptly called “Ship Builder to the Nation” (04-07-2024)
Will this unlock newer opportunities? Is this the reason for today’s rise? any views?
Quoting from the article
As a Navratna company, Mazagon Dock can undertake investments worth up to ₹1,000 crore, without needing approval from the central government. These companies also have the liberty to invest up to 30% of their net worth within a year, as long as it remains within ₹1,000 crore.
A Navratna company is also allowed to form Joint Ventures, alliances and establish subsidiaries abroad.