24 Sep 2025 | 3 Mins Read
Mazagon Dock Shipbuilders signs MoU for Tamil Nadu shipyard
Flipitmoney
Mazagon Dock Shipbuilders Limited (MDL) signed a Memorandum of Understanding with Guidance Tamil Nadu to develop a world-class greenfield shipyard on India's eastern coast. The MoU was signed on September 19, with the Union Minister Sarbananda Sonowal in attendance. MDL shares have surged 36.19% in the last 12 months and are up 30.98% YTD.