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The company has signed a contract with the acquisition wing of the Ministry of Defence for the construction and delivery of six Next-Generation Offshore Patrol Vessels (NGOPVs).
The contract is for individual shipbuilding contracts for construction of three units of 7,500 DWT multi-purpose hybrid powered vessels.
The order pertains to the Part Replacement of Pipeline Project (PRPP) on a turnkey basis and the order value includes all taxes and duties, the company said in its filing to the exchanges on Friday.
Mazagon Dock stock has doubled investors' money in the last six months, gaining up to 103 percent.