Mazagon Dock Share Price Target 2025: Can It Sail Past ₹3,600?
Mazagon Dock Shipbuilders Ltd (MDL), a prominent defense PSU, is currently trading around ₹2,944 after witnessing significant volatility. With India’s growing defense budget and Mazagon’s recent strategic moves, investors are keen to know: Can the stock reach ₹3,600 by 2025?
About Mazagon Dock
-
Industry: Defense & Shipbuilding
-
Market Cap: ₹60,000+ crore
-
Key Business: Manufacturing warships, submarines for the Indian Navy, and offshore platforms.
-
Recent Development: Proposed acquisition of a 51% stake in Colombo Dockyard to enhance global operations.
Mazagon Dock enjoys a strong order book and plays a critical role in India’s Make in India defense initiative.
Latest Technical Analysis
Indicator | Status |
---|---|
RSI | 45 (Neutral) |
MACD | Slightly Bearish |
Support Level | ₹2,900 – ₹2,950 |
Resistance Level | ₹3,200 – ₹3,300 |
The stock is consolidating near ₹3,000. A breakout above ₹3,200 could signal fresh upside.
Mazagon Dock Share Price Target 2025
Timeframe | Price Target |
---|---|
Short-Term | ₹3,200 – ₹3,300 |
Mid-Term | ₹3,500 |
Long-Term (2025) | ₹3,600 – ₹3,800 |
Analyst Insights
-
Antique Broking: Target ~₹3,433
-
WalletInvestor: Forecasts up to ₹3,815 by 2025
-
Market Average: ₹3,300 – ₹3,500 range
Trading Strategy
-
Buy Range: ₹2,950 – ₹3,000
-
Breakout Buy: On close above ₹3,200 with volume support
-
Targets: ₹3,300 → ₹3,600 → ₹3,800
-
Stop-Loss: ₹2,880
Risks to Consider
-
A fall below ₹2,900 may drag the stock to ₹2,700 levels.
-
Policy changes in defense procurement.
-
High valuations could lead to profit booking.
Summary Table
Metric | Value |
---|---|
Current Price | ₹2,944 |
2025 Price Target | ₹3,600 – ₹3,800 |
Support Zone | ₹2,900 – ₹2,950 |
Resistance Zone | ₹3,200 – ₹3,300 |
Technical Trend | Neutral to Bullish |
Risk Level | Moderate |
Mazagon Dock stands strong in the defense sector with robust fundamentals and growth potential. A decisive move above ₹3,200 could pave the way for the ₹3,600 target by 2025. Investors should watch support levels and trade with appropriate risk management.