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Mazagon Dock secures $39 million SCI contract

after close1 source ↓written by the desknot a recommendation

contract from Shipping
$39 million
vessel represents
3,000 DWT

Mazagon Dock Shipbuilders has secured a $39 million contract from Shipping Corporation of India Ltd (SCI) for India's first methanol-powered platform supply vessel. This 3,000 DWT vessel represents a significant step in India's shipbuilding sector as it aims to attract global fleet owners. The contract highlights the growing focus on alternative fuels in maritime operations.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Mar 2026, 16:08 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SCI closed −6.1% on the day of the news, from ₹233.35 to ₹219.15; Nifty −2.6% over the same session.

Bulletin at 16:08 IST on 21 Mar 2026. Every change is measured from ₹233.35, the last close before it, on 20 Mar. Nifty 50 is measured over the same sessions.

  • SCI close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
SCI closes around the bulletin against the close before the news, with Nifty 50 rebased to it205.53233.35261.17axis spans 27%before the news · 20 Mar233.35Nifty 50SCIbulletinD0+1+3+516 Mar27 Mar9 AprReference close ₹233.35. 16 sessions from 16 Mar to 9 Apr; the price axis spans 27 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before20 Mar₹233.35basebase
On the day23 Mar₹219.15▼ −6.1%▼ −2.6%−3.5 pp difference
+1 session24 Mar₹230.30▼ −1.3%▼ −0.9%−0.4 pp difference
+3 sessions27 Mar₹228.85▼ −1.9%▼ −1.3%−0.7 pp difference
+5 sessions1 Apr₹231.39▼ −0.8%▼ −1.9%+1.0 pp difference
Gap at the open, % · ₹
▼ −1.3%−2.94 on 23 Mar
Day's range, % · ₹
5.9%≈ 14 high to low
Volume on the day
0.65×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · SCI on the desk →

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