Mazagon Dock rises over 3% as Defence Ministry clears way for Rs 70,000-crore submarine deal
Shares of Mazagon Dock Shipbuilders Ltd. rose over 3 per cent in early trade on Monday after the Ministry of Defence approved the state-run shipbuilder to begin cost negotiations with Germany’s Thyssenkrupp Marine Systems for the ambitious P-75(I) submarine project. The stock opened at Rs 2,787, gaining 3.2 per cent from the previous close. Prior…