Thu, Nov 07, 2024
Defence Stocks to BUY: Markets remain volatile and Indian benchmark indices fell as investors priced in heightened tensions around security and trade in a second Donald Trump presidency.
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Thu, Oct 10, 2024
Defence stocks including Bharat Dynamics and other counters including Mazagon Dock rallied after significant defence deal was approved by the Cabinet Committee.
Tue, Sep 03, 2024
Defence stocks are rallying on the D-Street even as the broader markets see a correction after a non-stop rally for 13 days.
Fri, Aug 16, 2024
Hindustan Aeronautics Ltd (HAL) may bag a Rs 21,000 crore deal involving fighter jets soon, according to reports. The stock of Bengaluru-headquartered Hindustan Aeronautics - which is engaged in the design and manufacture of a wide range of products including aircraft, helicopters and jet engines - ended stronger by Rs 107.9 or 2.3 per cent at Rs 4,769.2 apiece on BSE.
Tue, Jul 23, 2024
This substantial allocation represents 12.9% of the total government budget for 2024-25. Defence Minister Rajnath Singh highlighted that Rs 1,05,518 crore of this budget is dedicated to domestic capital procurement, aiming to boost self-reliance in the defence sector, known as 'Atmanirbharta'.
Thu, Jul 04, 2024
As Mazagon Dock Shipbuilders achieves a historic milestone with its shares soaring to an all-time high of Rs 5,555, the renowned Navratna PSU has also crossed the significant threshold of a market value exceeding Rs 1 lakh crore for the first time.
Mon, Jun 17, 2024
Defence Stocks to Buy: Indian defence sector stocks have been one of the favourites for investors of late and they are likely to continue their upward streak as Union Defence Minister Rajnath Singh has set a target to generate military exports worth Rs 50,000 crore annually.
Wed, Jun 05, 2024
As Dalal Street enters the June 5 session, brokerages have few stocks on their radar.
Defence stocks India: Global brokerage CLSA expects the Modi government to continue to walk the talk for defence ‘Make in India’& to execute $43 billion in Indian-made products during FY24.
Tue, Jun 04, 2024
As markets continued to witness sharp losses, some of the major railway and defence PSU stocks hit lower circuits.
Tue, Apr 02, 2024
Defence stocks to buy in India: Global brokerage Jefferies, in its latest report, notes that the global geo-political tensions and India’s rising focus on self-reliance are fueling order flow and revenue growth for domestic defence companies.
Fri, Mar 22, 2024
Bharat Dynamics Ltd (BDL) stock price, share market news: Bharat Dynamics shares gained after the state-run defence equipment manufacturer's board approved proposals to split its stock and pay an interim dividend to shareholders.
Thu, Feb 01, 2024
Defence stocks: Defence stocks were trading mixed in the afternoon trade after Finance Minister Nirmala Sitharaman enhanced the budget allocation for the defence sector for FY25 to Rs 6.22 lakh crore in FM's Interim Budget 2024 speech.
Thu, Dec 21, 2023
Taking cognisance of FY24’s order inflow already being in excess of guidance and steady execution, the brokerage raises its valuation multiple to 30x (earlier 28x) FY26E earnings per share
Mon, Dec 18, 2023
Zee Business learned from reliable sources that Armenia has acquired the Akash Air Defence System and 15 AAD Systems from BDL, with the transaction estimated to be valued between Rs 5,000 crore and Rs 6,000 crore.
Thu, Dec 14, 2023
While the two main contenders for the contract are Solar Industries and Munitions India, L&T, Tata Defence, and Economic Explosive companies from the private sector are also involved in the project.
Thu, Oct 05, 2023
Defence-related stocks such as Hindustan Aeronautics Ltd (HAL), Bharat Electronics Ltd (BEL), Bharat Forge Ltd, Bharat Dynamics Ltd (BDL, Cochin Shipyard Ltd, and Mazagon Dock Shipbuilders Ltd rose on Thursday, after the defence ministry released its fifth indigenization list containing 98 items, to be procured by the armed forces from indigenous suppliers in a staggered manner over specified timelines.
Cochin Shipyard, Bharat Dynamics, HAL, Mazagon Dock Shipbuilders, Astra Microwave Products, Bharat Electronics, and Garden Reach Shipbuilders & Engineers traded 1-4 per cent higher in late morning deals.
Mon, Sep 18, 2023
The defence ministry on Friday approved nine capital acquisition projects worth Rs 45,000 crore for the armed forces. BEL, meanwhile, has received an order of Rs 2,118.57 crore from Cochin Shipyard Limited for the supply of various equipment comprising sensors, weapon equipment, etc.
Thu, Aug 31, 2023
BHEL shares were in high demand on Thursday after the company bagged an order from NTPC that analysts believe will further boost its strong order book.
Fri, Aug 25, 2023
Defence stocks such as HAL, Bharat Dynamics, Mazagon Dock Shipbuilders, and Cochin Shipyard started Friday trading session on the BSE in the green.
Thu, Aug 24, 2023
A day after it hit a 52-week high, HAL repeated its feat to rise as high as Rs 4,138.80 in early trading hours on Thursday (August 24). L&T also hit a 52-week high of Rs 2,767 after securing new orders from the Middle East.
Fri, Aug 11, 2023
ZBizExclusive, PFC, REC in focus, promoter PFC holds 52.63% stake in REC, REC posts good Q1FY24 results, reports ₹2960 Cr profit
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