Announced Sat, 11 Jul · 13:50 IST
INS Mahendragiri stealth frigate built by MDL commissioned into Indian Navy
Compliance View source PDF
MAZDOCK · price
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Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹2416.70
prior close
₹2417.00
base price
After-mkt
timing
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-0.7-0.5-0.7-1.0-2.3-2.0-2.4-3.2-2.6-4.6————
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AI summary
The Indian Navy commissioned INS Mahendragiri, a stealth frigate built by Mazagon Dock (MDL), on July 11, 2026 at Visakhapatnam. It is the fourth Nilgiri class ship under Project 17A, with about 75 percent indigenous content. The 149 metre vessel displaces around 6,400 tonnes and exceeds 28 knots. MDL achieved a 21 percent reduction in build period and delivered 5 warships plus 1 submarine in 16 months.
Likely market impact
Positive for MDL. Reinforces defence order pipeline, indigenous warship capability, and strong execution track record.