Multibagger Stock which belongs to Aerospace and Defense Category Zoomed to 494% in just an year.
Performance:
A Multibagger Stock which belongs to Aerospace and Defense Category Zoomed to 494% in just an year and zoomed to 766% in just 5 years.
Let's assume a person who had invested 1 Lakh rupees in this stock before 1 year might have Rs. 4,96,000/- today and the person who had invested 1 lakh rupees in this stock before 5 years might have 7,66,000/-.
The name of the Multibagger Stock which we are going to analyse through this Post is Mazagon Dock shipbuilding.
Company - Introduction:
Mazagon Dock Shipbuilders Limited, Mumbai, an ISO 9001: 2015 Company is one of the leading shipbuilding yard in India. The History of Mazagon Dock dates back to 1774, when a small dry dock was constructed in Mazagon. Over the years, MDL has earned a reputation for quality work and established a tradition of skilled and resourceful service to the shipping world in general and the Indian Navy & Coast Guard. It was incorporated as a Private Limited Company in 1934.
After its takeover by the Government in 1960, Mazagon Dock grew rapidly to become the premier war-shipbuilding yard in India, producing warships for the Navy and offshore structures for the Bombay High. It has grown from a single unit, small ship repair company, into a multi-unit and multi-product company, with significant rise in production, use of modern technology and sophistication of products. The company's current portfolio of designs spans a wide range of products for both domestic and overseas clients. Since 1960, MDL has built total 801 vessels including 27 warships, from advanced destroyers to missile boats and 7 submarines. MDL had also delivered cargo ships, passenger ships, supply vessels, multipurpose support vessel, water tankers, tugs, dredgers, fishing trawlers, barges & border out posts for various customers in India as well as abroad. MDL have also fabricated and delivered jackets, main decks of wellhead platforms, process platforms, jack-up rigs etc.
Fundamentals of the Company:
RoE - 25.97%
P/E Ratio - 31.09
EPS - 59.93
Debt to Equity Ratio - 0.00
On Seeing the Company's prospects, the share price of the Company may move upto Rs.2300/- per share which is Rs.1863/- as on 15.08.2023.
The Company has also issued Dividends in the Financial Year 2022-2023 of Rs. 10.73/- per share.
The Company has also issued Dividends in the Financial Year 2021-2022 of Rs. 8.93/- per share.
By seeing the Dividend History and Stock performance of the Company, it's well known that the Company has delivered Good Returns to their investors.
Disclaimer:
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