Shares of Swan Defence and Heavy Industries jumped nearly 3% on Thursday to hit the day’s high of Rs 2,618 on the NSE after the company announced that it had secured a contract from Denmark-based towage operator Svitzer A/S to construct four advanced TRAnsverse 3200 tugs.
According to a filing with the exchange, the company said deliveries for the order are scheduled to commence in early 2028, and the contract follows an extensive competitive evaluation of leading global shipyards.
