Swan Defence and Heavy Industries Ltd receives order from Energy ONE Ltd

Swan Defence and Heavy Industries Limited [formerly known as Reliance Naval and Engineering Limited] has received new order (Category 4 - Rs. 1501 to 3000 crores) from Energy ONE Limited, an international entity for the construction of four (4) 92,500 DWT dual-fuel ammonia bulk carriers. These will be the first ammonia dual-fuel ships built in India and are also among the largest commercial vessels ever to be built at an Indian shipyard, representing a significant step forward in both technological capability and scale for the domestic shipbuilding industry. The execution timeline stipulates that the first vessel is expected to be delivered in October 2029, with subsequent deliveries, as scheduled.

Shares of Swan Defence And Heavy Industries Limited was last trading in BSE at Rs. 1703.45 as compared to the previous close of Rs. 1622.35. The total number of shares traded during the day was 51 in over 11 trades.

The stock hit an intraday high of Rs. 1703.45 and intraday low of 1703.45. The net turnover during the day was Rs. 86875.00.

Source : Equity Bulls

Keywords

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