This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated Mazagon Dock share price target 2024 to 2030, and 2035 are shown below.
Overview
Name: Mazagon Dock Shipbuilders Limited
Headquarters: Mumbai, Maharashtra, India
Founded: 1934
Industry: Defense and Civil Industry
Mazagon Dock Shipbuilders Limited (MDL) is an Indian shipbuilding firm headquartered in Mumbai, Maharashtra. It is one of India’s leading shipbuilding businesses, producing a wide range of vessels such as naval ships, submarines, and commercial ships. The corporation plays an important role in India’s defense and maritime sectors, greatly adding to the country’s naval capability.
Mazagon Dock’s contributes significantly to India’s naval capabilities. By developing sophisticated naval vessels and contributing to defense programs, the business promotes national security and strategic objectives.
Overall, Mazagon Dock Shipbuilders Limited is a prominent player in India’s defense and maritime industries, with a track record of competence in shipbuilding and a strong dedication to innovation and quality.
Table of Contents
Mazagon Dock share price target 2024 to 2030 and 2035
Mazagon Dock Share Price Targets are: 2024 – 4125 to 5152, 2025 – 5489 to 5822, 2026 – 6352 to 7020, 2027 – 6847 to 7259, 2028 – 7965 to 8578, 2029 – 8896 to 9632, 2030 – 10854 to 12654 and price forecasted 15968 to 16480 by 2035.
| Year | First target | Second target |
| 2024 | 4125 | 5152 |
| 2025 | 5489 | 5822 |
| 2026 | 6352 | 7020 |
| 2027 | 6847 | 7259 |
| 2028 | 7965 | 8578 |
| 2029 | 8896 | 9632 |
| 2030 | 10854 | 12654 |
| 2035 | 15968 | 16480 |
Mazagon Dock share price target 2024
The NSE and BSE listed Mazagon Dock under the symbol MAZDOCK as of 12 October 2020. The company’s closing share price as of September 18, 2024, was 4178. It is not a fixed share price; fluctuation happens every second in the open market.
Mazagon Dock share price target 2024 is 342 as the first target and 403 as the second target
| Month | First target | Second target |
| August | 4520 | 4680 |
| September | 4125 | 4580 |
| December | 5028 | 5152 |
Mazagon Dock share price target 2025
Mazagon Dock is a public sector undertaking (PSU) under the Ministry of Defence of the Government of India. It is managed autonomously while being overseen by the government. The corporation builds modern warships such as guided missile destroyers, frigates, and corvettes. The ships manufactured here are essential to the Indian Navy.
Mazagon Dock initial forecasted share value for the beginning of 2025 is 5005. The semi-annual price forecast may rise to 5489 in a positive market sentiment. The price at the end of the year is forecast at 5822.
| Month | First target | Second target |
| January | 4985 | 5005 |
| May | 5156 | 5385 |
| September | 5489 | 5696 |
| December | 5701 | 5822 |
Mazagon Dock share price target 2026
MDL has participated in the construction of submarines, including conventional submarines such as the Kalvari-class, which are critical to India’s underwater defense capabilities. In addition to defense boats, MDL manufactures commercial ships such as tankers and bulk carriers.
Mazagon Dock initial forecasted share value for the beginning of 2026 is 6025. The semi-annual price forecast may rise to 6352 in a positive market sentiment. The price at the end of the year is forecast at 7020.
| Month | First target | Second target |
| January | 5991 | 6025 |
| May | 6129 | 6253 |
| September | 6352 | 6533 |
| December | 6611 | 7020 |
Mazagon Dock share price target 2027
Revenue has grown by 9% YoY, and expenses decreased by 18%. The company made a profit after tax of Rs. 1,80,888 lakhs in the financial year 2024 compared to 1,04,607 lakhs in the financial year 2023. Overall, the financials are good. Looking at these highlights, we assume the Mazagon Dock share price target 2027 is 7176 at the beginning, 6847 at the middle of the year, and 1177 at the end of the year.
| Month | First target | Second target |
| January | 7105 | 7176 |
| May | 6847 | 6910 |
| September | 7063 | 7178 |
| December | 7198 | 7259 |
Mazagon Dock share price target 2028
Mazagon Dock share price target 2028 is 7310 at the start of the financial year. The price was forecast at 7965 in the middle of the year with some price consolidation for some months, and the projected share price is 8578 at the end of the year.
| Month | First target | Second target |
| January | 7275 | 7310 |
| May | 7457 | 7875 |
| September | 7965 | 8133 |
| December | 8284 | 8578 |
Mazagon Dock share price target 2029
Mazagon Dock share price target 2029 is expected to reach 8896 to 9632, with some consolidation zones. The initial forecasted share value for the beginning of the year is 8616.The semi-annual price forecast may rise to 8896 in a positive market sentiment. The price at the end of 2029 is forecast at 9533 to 9632.
| Month | First target | Second target |
| January | 8415 | 8616 |
| May | 8689 | 8750 |
| September | 8896 | 9005 |
| December | 9533 | 9632 |
Mazagon Dock share price target 2030
The initial price target of Mazagon Dock is 9890 at the beginning of the year 2030. The half-yearly price forecast can rise to 10854 in a positive market situation. The price at the end of the year is forecast to 12654.
| Month | First target | Second target |
| January | 9733 | 9890 |
| May | 9956 | 10250 |
| September | 10854 | 11380 |
| December | 11978 | 12654 |
Also read MVGJL share price target
Mazagon Dock share price target 2035
Depending on company economics and sector demand and supply with a favorable trend pattern, we may assume the target price of Mazagon Dock share price target 2035 to be 15968 at the beginning of the year, 16300 at the middle of the year, and 16480 at the end of the financial year.
What is Mazagon Dock?
Mazagon Dock Shipbuilders Limited (MDL) is a prominent shipbuilding and repair company based in Mumbai, India. it was incorporated in 1934. The company is involved in developing and maintaining naval & Submarines, and commercial vessels.
The corporation frequently performs specialized projects, including the refit and upgrade of existing naval platforms and building customized vessels for specific.
What is Mazagon Dock share price target for 2024?
Mazagon Dock share price target 2024 is 4125 as the first target and 5152 as the second target.
What is Mazagon Dock share price target for 2025?
Mazagon Dock share price target 2025 is 5489 as the first target and 5822 as the second target.
Conclusion
This article presents Mazagon Dock share price target 2024 to 2030 and 2035. Targets are mentioned based on technical and fundamental analysis. stock may be corrected by any news or by companies’ poor or good results. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetite and a well-researched advisory.