Buy defence shipbuilders Mazagon Dock, GRSE, Cochin Shipyard for up to 45% upside. Prabhudas explains why

December 19, 2025

India’s defence shipbuilding sector is entering a long-term growth phase driven by policy support and manufacturing focus. Prabhudas Lilladher sees strong rerating potential in Mazagon Dock, Cochin Shipyard and GRSE after recent corrections.

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