HomeBudgetShipbuilding, repair get a boost from Budget with long-term policy support

Shipbuilding, repair get a boost from Budget with long-term policy support

Investment prospects brighten for key players in the public and private sectors

Jitendra Kumar Gupta

August 20, 2025 / 16:57 IST

Shipbuilding, repair get a boost from Budget with long-term policy support

Antique continues to maintain a positive stance on Mazagon Dock Shipbuilders with a Buy rating and a target price of Rs 3,433, based on a target P/E multiple of 45x FY27 earnings. Similarly, for Garden Reach Shipbuilders, the brokerage has a Buy rating and target price of Rs 2,024.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More