Mazagon Dock Shipbuilders Ltd is a government company with the biggest shareholder being the President of Bharat, a staggering 84.83% holding on his name. It receives around 300 crore from its deposits in bank and around 25 crore as dividend from Goa Shipyard Ltd. It currently has a large order book and is fully filled with work for the next 5 - 7 years making us tension free about the future for next decade. Being a company of GOI, it will always have the support of government. It is also investing in Research and development and has partnered with IIT Madras for various projects. All factors are positive and the management seems to be hard working and visionary.
I believe that its a good company to park our wealth safely and sleep peacefully.
Please do your own research before investing.
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I believe that its a good company to park our wealth safely and sleep peacefully.
Please do your own research before investing.
If you like my analysis do like and follow. It gives me motivation to work more in this field
Thank you