Stock Market: The government's multi-crore master plan is ready! These '3 shares' have already given strong returns of 834%, 1177% and 2271%, still likely to rise. London Journal

The shipbuilding sector in India has long been struggling due to lack of policy, capital and technology. Now the government is all set to take this sector to a whole new level. The central government has announced guidelines for two major schemes related to shipbuilding Shipbuilding Financial Assistance Scheme (SBFAS) and Shipbuilding Development Scheme (SbDS). A total of ₹ 44,700 crore will be invested under these two schemes, which can directly benefit the country's shipbuilding companies and their associated shares.

Government has allocated ₹24,736 crore under Shipbuilding Financial Assistance Scheme. Under this scheme, shipbuilding companies will get financial assistance ranging from 15% to 25% per ship. Different amounts of assistance have been established for small, large and special category vessels. Shipbuilding projects worth around ₹96,000 crore are expected to be supported under the scheme over the next ten years, which will provide a major boost to both production and employment.

A budget of ₹ 19,989 crore has been kept for the second scheme Shipbuilding Development Scheme. The aim is to upgrade the shipyard's capacity and technology in the long term. Both these schemes will move the shipbuilding sector in a new direction and this will have a positive impact on the 3 stocks as well.

Mazagon Dock is India's largest and most advanced defense shipyard. Its role in India's submarine and destroyer program is very important. In the last 5 years, this stock has given investors a multibagger return of around 2271%.

Cochin Shipyard is the only shipyard in India which has built an aircraft carrier. Listed on January 4, the company has so far returned 834% to investors. The stock had closed at ₹1,652 last Friday.

GRSE (Garden Reach Shipbuilders & Engineers) has a strong portfolio of frigates, corvettes, patrol vessels, research ships and export ships. The company is expanding its capacity in several yards and is focusing on defense as well as non-defense as well as export orders. The stock closed at ₹2,496 last Friday and the stock has returned 1177% in the last 5 years.