defence

November 2024

Fortune India Exclusive: L&T eyes big growth in defence and aerospace

Close to clinching a repeat order for 100 K9 Vajra self-propelled howitzer guns; set to enter the commercial rocket launch vehicle and satellite

By P B Jayakumar

September 2024

Mazagon Dock, GRSE, HAL, BEL shares rise up to 5% as DAC approves ₹1.45 lakh cr procurements

The Defence Acquisition Council (DAC) on Tuesday approved 10 capital acquisition proposals worth ₹1.45 lakh crore for the Indian Army, Navy, and Air Force.

By Chitranjan Kumar

August 2024

From ₹609 to ₹1,293: This defence stock doubles in less than 5 months

The multibagger stock has soared more than 6 times since its listing on the stock exchanges in October 2021.

By Chitranjan Kumar

July 2024

MoD to procure 346 items indigenously to boost domestic defence manufacturing

Before this, the four PILs included 4,666 items, a little over 60% of these items with an import substitution value of Rs 3,400 crore, have already been indigenised.

By Vidhi Taparia

June 2024

Adani Enterprises' defence arm inks pact with EDGE group; stock rises

Adani Defence & Aerospace and EDGE group will explore setting up R&D facilities in India, the UAE, and other global markets.

By Chitranjan Kumar

May 2024

Bharat Electronics shares surge 9% to hit fresh record high; here’s why

Extending rally for the sixth straight session, BEL shares rose as much as 9.2% to touch a new all-time high of ₹282.80 on the BSE.

By Chitranjan Kumar

April 2024

IIT Jodhpur-DRDO set up centre for defence tech R&D

The new centre will spearhead focused research in identified verticals, including Desert Warfare Technologies and Futuristic Omni Mobility Systems among others.

By Joe Mathew

March 2024

HAL shares hit record-high on govt's order for 34 Dhruv choppers

Last week, the Cabinet Committee on Security approved a proposal for 34 new advanced light helicopter (ALH) Dhruv Helicopters which will be manufactured by HAL.

By fortuneindia.com

February 2024