Swan Defence share price jumps 5% after ₹1,501-3,000 crore bulk carrier construction order update

In the NSE filing, Swan Defence disclosed that the company secured a Category 4 order which ranges between a value of ₹1,501 to ₹3,000 crore from Energy ONE Limited to build four 92,500 DWT (Dead Weight Tonnage) dual-fuel ammonia bulk carriers.

“Swan Defence and Heavy Industries Limited (SDHI) has secured a Category 4 order* from Energy ONE Limited for the construction of four (4) 92,500 DWT dual-fuel ammonia bulk carriers - marking a first for the country,” the company informed the stock exchange.

Details of the bulk carriers

The Swan Defence-made bulk carriers ships will measure 229.5 metres in length, with a beam of 37 metres and will be equipped with ammonia-fuelled propulsion system.

The company also highlighted in exchange filing that these ships will be designed by KMS-EMEC, South Korea and classed by Det Norske Veritas (DNV).

“Ammonia as a marine fuel is still at an early stage, and we are proud to be part of that transition - building vessels that are not just relevant for today but aligned with where the industry is heading,” said Vivek Merchant, Director of Swan Defence and Heavy Industries.

According to the NSE filing, the company will deliver the first vessel in October 2029, and the further deliveries will be scheduled at a four-month interval phase.

Swan Defence share price trend

Swan Defence shares closed 5% higher at ₹1,706.80 after Monday’s stock market session, compared to ₹1,625.60 at the previous market close, according to NSE data. The company announced the order book update ahead of the opening bell on Tuesday, April 7.

Shares of Swan Defence have given stock market investors more than 1,695% returns on their investment in one year, and more than 17% gains on a year-to-date (YTD) basis so far in 2026.

However, the company’s stock is down 15.61% in one month, but is trading 7.16% higher in the last five market sessions on the Indian stock market, according to the exchange data.

Swan Defence share price hit its 52-week high of ₹2,489 on March 16, 2026, while the 52-week low was at ₹95.04 on April 7, 2025, NSE data showed. The company’s market capitalisation (M-Cap) stood at ₹8,991.79 crore as of the stock market close after Monday’s session.