Why Mazagon Dock Shares Are a ‘Buy’ Candidate Post Q1 Results: A Detailed Analysis
Mazagon Dock Shipbuilders Ltd. has maintained its ‘Buy’ rating post Q1 results, despite a decline in Ebitda and PAT. We expect the company to deliver robust growth with a CAGR of ~21% in revenue and ~22% in Ebitda over FY25–FY27E. Here’s a detailed analysis of the company’s performance and why it’s a ‘Buy’ candidate.