Mazagon Dock Shipbuilders Limited, one of India’s premier defense shipbuilding companies, has consistently demonstrated strong operational performance and a robust order book. With increasing government defense contracts and expansion in naval capabilities, the company is well-positioned to deliver steady growth in revenue and profitability.
Analysts are closely monitoring its financial health and strategic initiatives, projecting promising share price targets for the coming years, reflecting long-term investor confidence.

Mazagon Dock Share Price Target 2026
Mazagon Dock Shipbuilders Limited is one of India’s leading defence shipyards, playing a crucial role in building warships and submarines for the Indian Navy.
Supported by strong order inflows, long-term government contracts, and increasing focus on indigenous defence manufacturing, the company shows solid growth potential. With a healthy order book and improving execution capabilities, investor confidence remains positive.
Based on current fundamentals and sector outlook, the Mazagon Dock share price target for 2026 is expected to be in the range of ₹2,600 to ₹2,700, depending on market conditions and project execution.
Mazagon Dock Share Price Target 2026 Table
| Year | Mazagon Dock Share Price Target 2026 |
| First Target 2026 | Rs 2600 |
| Second Target 2026 | Rs 2700 |
Mazagon Dock Share Price Target 2027
Mazagon Dock Shipbuilders Limited is a leading defence PSU in India, known for its strong order book and strategic importance in naval shipbuilding.
Supported by rising defence spending and government focus on indigenous manufacturing, the company is expected to maintain healthy revenue growth in the coming years. Improving margins, timely execution of defence projects, and export opportunities add to its long-term strength.
Based on current growth trends and market expectations, the Mazagon Dock share price target for 2027 is estimated to be in the range of ₹2,800 to ₹3,000, depending on order inflow and overall market conditions.
Mazagon Dock Share Price Target 2027 Table
| Year | Mazagon Dock Share Price Target 2027 |
| First Target 2027 | Rs 2800 |
| Second Target 2027 | Rs 3000 |
Mazagon Dock Share Price Target 2028
Mazagon Dock Shipbuilders Limited, one of India’s leading defense and shipbuilding companies, continues to gain investor attention due to its strong order book and strategic role in naval modernization.
With ongoing projects in submarine and warship manufacturing, the company is well-positioned to benefit from government defense initiatives and rising domestic demand.
Analysts project the Mazagon Dock share price target for 2028 to range between ₹3200 and ₹3,300, reflecting steady growth potential. Investors are optimistic about the company’s consistent execution, technological advancements, and long-term growth prospects in India’s defense sector.
Mazagon Dock Share Price Target 2028 Table
| Year | Mazagon Dock Share Price Target 2028 |
| First Target 2028 | Rs 3200 |
| Second Target 2028 | Rs 3300 |
Mazagon Dock Share Price Target 2029
Mazagon Dock Shipbuilders Limited, a leading player in India’s defense and shipbuilding sector, continues to attract investor attention with its strong order book and consistent delivery of naval and commercial vessels.
With the government’s focus on strengthening the naval fleet and boosting domestic manufacturing, Mazagon Dock is well-positioned for long-term growth.
Analysts expect the Mazagon Dock share price target for 2029 to reach between ₹3,400 and ₹3,500, reflecting potential gains from strategic contracts and expansion in defense production. The company’s robust financial performance and increasing demand for advanced shipbuilding solutions make it an attractive option for investors looking at the defense sector.
Mazagon Dock Share Price Target 2029 Table
| Year | Mazagon Dock Share Price Target 2029 |
| First Target 2029 | Rs 3400 |
| Second Target 2029 | Rs 3500 |
Mazagon Dock Share Price Target 2030
Mazagon Dock Shipbuilders Limited, a leading defense shipbuilding company in India, continues to strengthen its position with strategic contracts and advanced naval projects. With growing demand for modern naval vessels and defense equipment, the company is well-positioned to capitalize on government initiatives and defense modernization programs.
Analysts project that the Mazagon Dock share price target for 2030 could reach around ₹3600, with an optimistic scenario pushing it up to ₹3800, reflecting steady growth and investor confidence.
Long-term prospects remain strong, supported by technological advancements and consistent order inflows, making it an attractive option for investors seeking exposure to India’s defense sector.
Mazagon Dock Share Price Target 2030 Table
| Year | Mazagon Dock Share Price Target 2030 |
| First Target 2030 | Rs 3600 |
| Second Target 2030 | Rs 3800 |
Mazagon Dock Share F.A.Q.
– What is Mazagon Dock share?
Mazagon Dock share represents ownership in Mazagon Dock Shipbuilders Limited, a leading defense shipbuilding company in India.
– Does Mazagon Dock pay dividends?
Yes, the company occasionally distributes dividends based on its annual profits and financial performance.
– What factors affect Mazagon Dock share price?
Share price is influenced by defense contracts, government orders, financial results, and overall market conditions.
Conclusion
With a solid foundation in defense manufacturing and ongoing strategic developments, Mazagon Dock is expected to continue its growth trajectory. Investors can anticipate potential appreciation in the share price from 2026 to 2030, supported by strong government orders, operational efficiency, and a favorable market outlook. The company remains a key player in India’s defense sector, making it an attractive consideration for long-term investment.
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