Ashish Kacholia-owned Knowledge Marine shares jump 4% on Rs 303 crore order win; stock up 67% in 2026

Knowledge Marine shares jumped 4% after winning a large maintenance dredging contract worth Rs 303 crore from the New Mangalore Port Authority. This contract is significant for the company, as it secures a substantial revenue stream over the next three years. The stock's 67% increase in 2026 highlights investor confidence in Knowledge Marine's growth prospects, which may be driven by such large-scale contracts. This could have a positive impact on the overall market sentiment.

Why it matters

Knowledge Marine has secured a large maintenance dredging contract, which will likely boost its revenue and profitability. This contract win is a positive development for the company's stock price, which has already risen significantly in 2026.

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