Mazagon Dock Shipbuilders (MAZDOCK) Share Price Falls 2.12% Today; Key Levels, Valuation and Peer View

Mazagon Dock Shipbuilders Share Price fell to Rs 2,404 on 09 September 2026, down 2.12% or Rs 52 from the previous close of Rs 2,456, leaving the company with a market capitalisation of Rs 98,707.09 crore. The stock is drawing attention in today’s Market News because the decline came after opening at Rs 2,456 and moving in a relatively narrow intraday band between Rs 2,459.8 and Rs 2,398.

For investors tracking Mazagon Dock Shipbuilders Share Price Today, the verified data confirms the price event but does not establish a company-specific catalyst for the decline. That makes the focus shift to what the numbers do show: a Large Cap shipbuilding company, Rs 3.79 crore turnover, an RSI of 45.57, and valuation metrics such as a P/E ratio of 34.67 and P/B ratio of 9.65. Univest notes that investors will likely monitor whether the stock stabilises around current levels, how it sits against sector benchmarks, and how its profitability compares with listed shipbuilding peers.

Mazagon Dock Shipbuilders (MAZDOCK) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 2,404
Previous Close	Rs 2,456
Today's Move	-Rs 52.00 (-2.12%)
Open	Rs 2,456
High	Rs 2,459.8
Low	Rs 2,398
Turnover	Rs 3.79 crore
Market Capitalisation	Rs 98,707.09 crore
Market Cap Category	Large Cap

Mazagon Dock Shipbuilders Share Price Today reflects a straightforward single-session decline rather than a broad breakout or recovery move. The stock opened at Rs 2,456, the same as its previous close, touched an intraday high of Rs 2,459.8, and then slipped to a day low of Rs 2,398 before trading at Rs 2,404. That leaves the session change at -Rs 52, or -2.12%.

From a price action perspective, the opening level suggested no immediate overnight re-rating, but the inability to hold near Rs 2,456 and the move toward Rs 2,398 showed intraday weakness. The spread between the high of Rs 2,459.8 and low of Rs 2,398 also indicates that the stock remained actively watched through the session. Turnover stood at Rs 3.79 crore, which confirms market participation without changing the basic conclusion from the price data: today’s move was a notable but contained decline in a Large Cap name.

For readers searching Mazagon Dock Shipbuilders Share News or a Mazagon Dock Shipbuilders Share Price Update, the most relevant takeaway is that the stock ended below both the previous close and the opening level, setting up a useful check on its technical position next.

Mazagon Dock Shipbuilders (MAZDOCK) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 98,707.09 crore
P/E Ratio	34.67x
P/B Ratio	9.65x
ROE	27.37%
ROCE	36.51%
EPS	Rs 70.85
Book Value Per Share	Rs 254.52
Dividend Yield	0.74%

Mazagon Dock Shipbuilders Fundamental Analysis starts with scale and profitability. At a market cap of Rs 98,707.09 crore, the company is the largest name in the supplied same-industry benchmark set, where the median market capitalisation is Rs 18,230.45 crore and the average is Rs 29,190.73 crore. That size gap matters because market capitalisation signals company size and market positioning, not quality by itself.

On valuation, the stock trades at a P/E ratio of 34.67 and a P/B ratio of 9.65. Its P/E is slightly below the industry median of 35.41 and below the industry average of 38.28, while its P/B is above the industry median of 8.34 and above the average of 7.31. That suggests Mazagon Dock Shipbuilders Share Price is not demanding relative earnings multiples versus the benchmark, but it does carry a richer book-value multiple.

Profitability remains a key support point in the numbers. ROE stands at 27.37% and ROCE at 36.51%. EPS is Rs 70.85, showing the earnings attributable to each share. Book value per share is Rs 254.52, indicating the accounting net worth behind each share, while dividend yield is 0.74, reflecting the historical payout relative to the current stock price. Univest reads this mix as one where strong returns on capital help explain investor attention even during a day of weaker price action. The next question is whether that quality also stands out in the industry context.

Sector and Industry Context

Metric	Value
Sector	Ship Building
Industry	Ship Building
Benchmark Scope	same industry
Company P/E Ratio	34.67x
Benchmark Median P/E	35.41x
Benchmark Average P/E	38.28x
Benchmark P/E Range	9.45x to 59.18x
Company P/B Ratio	9.65x
Benchmark Median P/B	8.34x
Benchmark Average P/B	7.31x
Company ROE	27.37%
Benchmark Median ROE	26.57%
Benchmark Average ROE	38.05%
Company ROCE	36.51%
Benchmark Median ROCE	30.7%
Benchmark Average ROCE	33.56%
Company Market Capitalisation	Rs 98,707.09 crore
Benchmark Median Market Cap	Rs 18,230.45 crore
Benchmark Average Market Cap	Rs 29,190.73 crore

The sector data shows Mazagon Dock Shipbuilders sits in the Ship Building sector and Ship Building industry, with the benchmark defined as thesame industryand covering 6 companies. This matters because today’s price fall should be viewed against where the company stands within its direct listed universe, not in isolation.

Within that 6-company benchmark, Mazagon Dock Shipbuilders’ P/E of 34.67 is below the median of 35.41 and below the average of 38.28. The benchmark P/E range runs from 9.45 to 59.18, placing the stock closer to the middle of the valuation band than the extremes. On P/B, however, the company’s 9.65 is above the benchmark median of 8.34 and above the average of 7.31, though still below the maximum of 10.34.

Profitability gives a more nuanced picture. ROE of 27.37% is above the benchmark median of 26.57% but below the benchmark average of 38.05%. ROCE of 36.51% is above both the median of 30.7% and the average of 33.56%. The benchmark market-cap range is also wide, from Rs 48.19 crore to Rs 98,707.09 crore, and Mazagon Dock Shipbuilders is the largest company in that set. Univest therefore sees a combination of leadership by size, near-median earnings valuation, premium book valuation, and above-benchmark capital efficiency.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Cochin Shipyard	COCHINSHIP	39,672.58	59.18	6.68	12.52	17.6
Garden Reach Shipbuilders & Engineers	GRSE	28,949.01	36.16	10.34	31.79	43.66
Knowledge Marine & Engineering Works	KMEW	7,511.9	58.48	9.5	25.76	24.88
Laxmipati Engineering Works	LAXMIPATI	255.62	9.45	7.18	122.39	66.56
VMS Industries	VMS	48.19	31.74	0.49	8.5	12.18

Peer data reinforces why Mazagon Dock Shipbuilders Stock News remains closely tracked despite today’s decline. Compared with Cochin Shipyard, Mazagon Dock Shipbuilders trades at a much lower P/E of 34.67 versus 59.18, while showing stronger ROE at 27.37% versus 12.52% and stronger ROCE at 36.51% versus 17.6%. It is also substantially larger by market cap, at Rs 98,707.09 crore against Rs 39,672.58 crore.

Against Garden Reach Shipbuilders & Engineers, the comparison is tighter. GRSE trades at 36.16 times earnings and 10.34 times book, versus Mazagon Dock’s 34.67 and 9.65. However, GRSE has higher profitability, with ROE of 31.79% and ROCE of 43.66%, compared with 27.37% and 36.51% for Mazagon Dock.

Knowledge Marine & Engineering Works trades at 58.48 P/E and 9.5 P/B, with ROE of 25.76% and ROCE of 24.88%, suggesting Mazagon Dock has stronger capital efficiency at a lower earnings multiple. VMS Industries is cheaper at 31.74 P/E and 0.49 P/B, but its ROE of 8.5% and ROCE of 12.18% are much lower. Laxmipati Engineering Works stands out as an outlier with P/E of 9.45, ROE of 122.39%, and ROCE of 66.56%, but its market cap is only Rs 255.62 crore, far below Mazagon Dock’s scale. Across peers, Univest finds Mazagon Dock Shipbuilders Share Price positioned as a large-scale, high-profitability name without the highest earnings multiple in the group.

Why Investors Are Watching Mazagon Dock Shipbuilders

• Today’s move: The stock fell 2.12% to Rs 2,404 from Rs 2,456, after touching Rs 2,398 intraday.
• Technical position: RSI at 45.57 is broadly neutral, while the stock is below the 50 DMA of Rs 2,524.91 and 200 DMA of Rs 2,459.6.
• Fundamental context: P/E is 34.67, P/B is 9.65, ROE is 27.37%, and ROCE is 36.51%.
• Industry standing: Market cap of Rs 98,707.09 crore makes it the largest company in the supplied Ship Building benchmark.
• Relative valuation: The stock trades below the industry average P/E of 38.28 but above the average P/B of 7.31.

About Mazagon Dock Shipbuilders

Mazagon Dock Shipbuilders is classified in the Ship Building sector and Ship Building industry in the supplied dataset. In market-position terms, it stands out as the largest company in its same-industry benchmark set, with a market capitalisation of Rs 98,707.09 crore against an industry average of Rs 29,190.73 crore. That scale helps explain why Mazagon Dock Shipbuilders Latest News and Mazagon Dock Shipbuilders Company News often attract attention from investors tracking large-cap industrial and defence-linked names. Univest is focusing here on the verified market, valuation and peer data available for the company.

Track Mazagon Dock Shipbuilders Share Price on Univest

UseMazagon Dock Shipbuilders (MAZDOCK) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.

On Univest, investors can track Mazagon Dock Shipbuilders Share Price Live along with day price action, market capitalisation, valuation ratios, profitability metrics and peer comparison. Users can also follow technical indicators such as RSI and moving averages, check 52-week levels when available, and monitor broader stock analysis updates. For readers searching Mazagon Dock Shipbuilders Stock Analysis or Mazagon Dock Shipbuilders Stock Performance, Univest offers a single place to follow these verified market insights.

Frequently Asked Questions

Why did Mazagon Dock Shipbuilders Share Price fall today?

Ans. Mazagon Dock Shipbuilders Share Price fell 2.12% today to Rs 2,404 from the previous close of Rs 2,456. The supplied data confirms the decline and intraday range, but it does not establish any company-specific catalyst.

What is Mazagon Dock Shipbuilders Share Price Today?

Ans. Mazagon Dock Shipbuilders Share Price Today is Rs 2,404. The stock opened at Rs 2,456, touched a high of Rs 2,459.8, fell to a low of Rs 2,398, and was down Rs 52 on the session.

Is Mazagon Dock Shipbuilders a large-cap stock?

Ans. Yes, the company is classified as a Large Cap stock in the supplied data. Its market capitalisation stands at Rs 98,707.09 crore, making it the biggest company in the six-stock same-industry benchmark set.

Is Mazagon Dock Shipbuilders expensive on valuation?

Ans. On earnings, the stock’s P/E of 34.67 is slightly below the industry median of 35.41 and below the average of 38.28. On book value, its P/B of 9.65 is above the median 8.34 and average 7.31.

How profitable is Mazagon Dock Shipbuilders compared with its industry?

Ans. The company reports ROE of 27.37% and ROCE of 36.51%. That puts ROE above the industry median of 26.57% but below the average of 38.05%, while ROCE is above both 30.7% and 33.56%.

What are the key fundamental metrics of Mazagon Dock Shipbuilders?

Ans. Key metrics include market cap of Rs 98,707.09 crore, P/E of 34.67, P/B of 9.65, ROE of 27.37%, ROCE of 36.51%, EPS of Rs 70.85, book value of Rs 254.52, and dividend yield of 0.74.

How does Mazagon Dock Shipbuilders compare with Cochin Shipyard and GRSE?

Ans. Mazagon Dock has a lower P/E than Cochin Shipyard and GRSE at 34.67 versus 59.18 and 36.16. Its profitability is stronger than Cochin Shipyard’s, but GRSE reports higher ROE of 31.79% and ROCE of 43.66%.

What should investors monitor next in Mazagon Dock Shipbuilders Stock News?

Ans. Investors may track whether the stock holds near the day low of Rs 2,398, how it behaves relative to the 200 DMA of Rs 2,459.6, and whether valuation and profitability continue to support investor attention.