Swan Defence shares hit 5% upper circuit after bagging India’s first ammonia bulk carrier order worth Rs 1,500-3,000 crore
Published on: April 7, 2026, 9:26 a.m. | Source: The Economic Times
Swan Defence and Heavy Industries secured a significant order to build four 92,500 DWT dual-fuel ammonia bulk carriers, a first for India. This Rs 1,500-3,000 crore project marks a major advancement in the nation's shipbuilding capabilities, with the first vessel slated for delivery in October 2029.
