By Debdeep Gupta | 25 Aug, 2025
Mazagon Dock rises 4% on buzz of Rs 70,000-cr submarine talks with Germany's Thyssenkrupp
Shares of Mazagon Dock Shipbuilders Ltd surged 4 percent to Rs 2,799 on August 25 after CNBC TV-18 reported that the Ministry of Defence has authorised the company to open cost negotiations with Germany’s Thyssenkrupp Marine Systems for building six submarines under the Rs 70,000-crore P-75(I) programme.Talks are expected to commence shortly, with the final contract likely to be awarded to the M...