Amongst the many companies vying for your dot com dollar, Mazagon Dock is one of the more interesting names on your trading list. The company makes jack up rigs for the oil and gas industry and provides offshore platforms. The company’s stock is among the most illiquid on the exchange, so be careful with your pocket change. The company has two major segments, a naval shipbuilding segment and a commercial vessel building division.
The company has a long and storied history dating back to 1774. In fact, Mazagon Dock is the oldest of its kind in India. The company’s product list includes ships, submarines, jack up rigs and related engineering products. The company also has two divisions, one in Singapore and the other in Mumbai. The company is a good steward of the environment, a model for corporate social responsibility. The company’s nimble CEO and CFO have been a source of pride to many in the industry. The company’s high-performance vessels are in a constant state of refurbishment. This enables the company to keep costs in check and ensure a steady stream of orders for its products.