Mazagon Dock to commission indian submarine Karanj on 10 March.

According to information published by Business Standar, Mazagon Dock Shipbuilders announced that the commissioning of the third Scorpene Submarine Karanj is scheduled on 10 March 2021.
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INS Karanj (2018) is the third submarine of the first batch of six Kalvari-class submarines for the Indian Navy. It is a diesel-electric attack submarine based on the Scorpene class. (Picture source: NMTV)

Further, the company said that the sea trials of first ship Visakhapatnam of Project P-15B, which is due for delivery later this year, have commenced.
The defense PSU reported 32.3% fall in consolidated net profit to Rs 141.37 crore on 19.3% decline in net sales to Rs 1,461.09 crore in Q3 FY21 over Q3 FY20.

Shares of Mazagon Dock Shipbuilders rose 0.28% to Rs 232.30 on BSE.

Mazagon Dock Shipbuilders, a public sector undertaking under the Ministry of Defence (MoD), is engaged in the construction and repair of warships and submarines for use by the Indian Navy and other vessels for commercial clients. The company was conferred with the 'Mini-ratna-I' status in 2006 by the Department of Public Enterprises.

As of 31 December 2020, the Government of India held 84.83% stake held in Mazagon Dock Shipbuilders.

The Scorpene class submarine is a class of diesel-electric submarine jointly developed by DCNS of France and the Spanish company Navantia. Following a split between the two companies, Scorpène submarines are now solely marketed by DCNS and considered a French design. The class is currently used by Chilean and Royal Malaysian Navies, and has been ordered by Indian and Brazilian navies.

Scorpène submarines are designed in order to maximize stealth and feature very low acoustic, magnetic, electromagnetic and infrared signatures. To achieve this goal all machines and equipment are resiliently mounted on flexible couplings with double elastic mountings. Further noise-reducing focus includes the use of flexible cables and flexible through bulkhead couplings for joining pipes, and special low-noise emission components for rotating machinery.