Publish Date: 2024-05-18 12:42:17 Illustration: Binay Sinha 4 min learn Last Updated : May 18 2024 | 12:19 PM IST Shares of protection and associated firms have been on a roll with Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Bharat Dynamics (BDL), Data Patterns (India), Cochin Shipyard and Mazagon Dock Shipbuilders rallying as much as … Read more
Publish Date: 2024-04-15 07:17:35 Presently, a lot of the passion on this sector is because of latest preliminary enterprise updates from the Defence gear producers. HAL registered its highest ever income of over ₹29,810 crore for FY24, which suggests 11% year-on-year progress. BEL reported round 14% progress in its turnover in FY24 at round ₹19,700 … Read more
Publish Date: 2024-03-05 08:13:21 Shares of some Defence public sector undertakings (PSUs) will likely be in concentrate on Tuesday, March 5, after the Ministry of Defence signed a tripartite Memorandum of Understanding (MoU) with them. On Monday, the MoD signed a tripartite MoU with BEML Limited, Bharat Electronics Limited (BEL), and Mishra Dhatu Nigam … Read more
Publish Date: 2024-02-22 17:11:34 Shares of area associated firms like Mishra Dhatu Nigam (MIDHANI), MTAR Technologies, Data Patterns (India), Nelco, and Astra Microwave Products rallied as much as 13 per cent on the BSE in Thursday’s intraday commerce, in an in any other case weak market, after the federal government on Wednesday eased Foreign … Read more
2024-02-02 10:33:27 The interim funds launched essential proposals from a market perspective, together with boosts to housing, an addition of 40,000 rail bogies, a rooftop photo voltaic scheme and the Lakhpati Didi scheme. These measures are anticipated to have a constructive influence on numerous sectors, resembling housing, construction-related segments, railways, defence and microfinance corporations. HOUSING … Read more
2024-01-31 09:56:00 While no person is baking in the opportunity of big-bang bulletins within the Interim Budget 2024 to be offered by Finance Minister Nirmala Sitharaman on February 1, it’s unlikely to be a non-event for traders in rail, defence and different capex-related shares – lots of which have given multibagger returns since final Budget. … Read more
Publish Date: 2024-01-30 02:00:26 The upcoming Budget shall be Bharatiya Janata Party’s second Interim Budget announcement. Finance Minister Nirmala Sitharam, earlier this 12 months, knowledgeable the general public that they need to not anticipate any “major announcements” throughout the Interim Budget 2024. However, the Defence sector is likely one of the most important sectors within … Read more