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.
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HAL shares up 3% on bagging fresh order from defence ministry
The PSU has signed a deal worth ₹2,890 crore with the defence ministry for mid life upgrade of Indian Navy’s 25 Domier aircraft.
From ₹403 to ₹2,483: Mazagon Dock sees strong rally in last 12 months
The share price of warships and submarines manufacturer has given a whopping 1,256% return since its listing on October 12, 2020.
Hindustan Shipyard signs ₹19,000 cr contract with defence ministry
HSL to supply five fleet support ships to the Indian Navy which will be employed for replenishing ships at sea with fuel, water, ammunition and stores.
Boost to Indian Navy as Centre approves 26 Rafale Marine aircraft buy from France
Defence ministry says price, other terms to be negotiated with French govt after taking into account all relevant aspects, including comparative price of similar aircraft by other countries
This stock hits record high on winning ₹2,725 cr defence contract; do you own it?
The defence PSU stock has delivered strong returns of 455% in the last one year, rising from its 52-week low of ₹241.60 touched on July 1, 2023.
Bharat Electronics bags orders worth ₹4,300 cr; stock rises 2%
The PSU company has secured a contract worth ₹3,000 crore from the Indian Army and an ₹1,300-crore ordes from the Indian Navy.
The DRDO’s defence against Covid-19
The Defence Research and Development Organisation in India has shown, during the Covid-19 pandemic, how strong scientific organisations can help in a health crisis.
India Inc. should watch the storm brewing in the Indian Ocean
Pakistan is as interested in the Indian Ocean as India and China are – 95% of its trade goes through these waters.
