Multibagger defense stock Swan Defense and Heavy Industries has got a big project in its hands. The company has got work worth Rs 2080 crore. Under this work order, the company has received the order to build India’s first chemical tanker. The company had given this information on January 23, 2026.
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Got the job of making 6 chemical tankers
In the information given to the stock exchange, Swan Defense and Heavy Industries has said that the work of building chemical tanker has been received from European shipping company Rederiet Stenersen AS. The company is to manufacture 18000 DWT IMO Type II chemical tankers. The cost of this work project is Rs 2080 crore. The company has to build a total of 6 tankers. In which the first delivery is to be done in 33 months.
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Rapid rise in shares
In just three months, the company’s share prices have increased by 139 percent. The share price of Swan Defense and Heavy Industries has increased by 139 percent. This defense stock has been successful in giving returns of 448 percent in 6 months. In one year, there has been a jump of 3936 percent in the prices of defense company’s shares. Let us tell you, trading of this stock has been stopped. According to BSE data, the last purchase and sale of shares of Swan Defense and Heavy Industries was recorded on January 19, 2025. Then the price of shares of the company was at the level of Rs 1764.80 in BSE after a fall of 5 percent. The price of shares of Swan Defense and Heavy Industries has increased by 77644 percent in two years and 54897 percent in three years. Let us tell you, the promoter’s stake in the company is 94.91 percent and the public’s stake is 5.09 percent.
