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Avantel Profit Jumps 67% In Q1, Margin Expands 360 Basis Points On Strong Revenue Growth
Revenue from operations increased 35.7% year-on-year to Rs 70.4 crore, up from Rs 51.9 crore a year earlier, reflecting steady execution across its defence communication and wireless solutions business.
IT services stocks offer value despite AI concerns, says Mahindra Manulife Investment
Krishna Sanghavi, Chief Investment Officer - Equities at Mahindra Manulife Investment Management, favours private banks, manufacturing, capital goods and defence, citing policy support, corporate investment and India's shift towards bottom-up growth. Sanghavi added that upstream oil and gas companies with volume growth also remain attractive.
Apollo Micro shares jump 4%, but Premier Explosives falls on ₹1,550 crore deal
The transaction will combine complementary capabilities in defence systems and energetic materials in both companies, enable operational efficiencies and enhanced R&D, bring about broader participation in defence and space-related programmes and support next-generation defence and space programs.
Apollo Micro Systems shares rally 5% on Rs 1,550 crore deal to acquire 41% stake in Premier Explosives
Apollo Micro Systems shares gained 5% after it sought to acquire Premier Explosives' promoters' stake for Rs 1,550 crore. This strategic acquisition aims to enhance capabilities in defence and aerospace sectors. The transaction is expected to conclude by December 2026 after necessary approvals. Apollo Micro Systems will also make a mandatory open offer to public shareholders. This move strengthens India's defence manufacturing and indigenous ecosystem.
Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.
Multibagger defence stock Apollo Micro Systems to be in focus on Friday; here's why - livemint.com
Multibagger defence stock Apollo Micro Systems to be in focus on Friday; here's whylivemint.com
Dr Reddys Laboratories Ltd leads losers in 'A' group
JSW Dulux Ltd, Paras Defence and Space Technologies Ltd, Shaily Engineering Plastics Ltd and Solar Industries India Ltd are among the other losers in the BSE's 'A' group today, 09 July 2026.
Apollo Micro Systems shares rise over 1% as company nears Premier Explosives deal
Apollo Micro Systems shares gained after reports said the company is close to acquiring Premier Explosives in a deal valued at Rs 2,300-2,500 crore. The proposed acquisition would strengthen Apollo's presence across the defence manufacturing value chain amid rising government spending and growing investor interest in the sector.
Defence sector Q1 results preview: Muted earnings likely on execution delays; BEL, Bharat Dynamics, GRSE among top picks
Defence sector Q1 results preview: While reported earnings of defence sector may remain subdued, underlying execution momentum is gradually building, with clearer visibility on recovery expected as conversion accelerates through the year, particularly into H2FY27, analysts said.
10 microcap stocks rally up to 430% in CY26; 5 turn multibaggers: Here’s FII and MF exposure
Microcap stocks delivered stellar CY26 gains, with several companies rallying over 50%. Sterlite Technologies, MTAR Technologies and others emerged as multibaggers, attracting significant FII and mutual fund interest.
Cochin Shipyard OFS opens today for retail investors. Should you participate in this defence stock offer? - livemint.com
Cochin Shipyard OFS opens today for retail investors. Should you participate in this defence stock offer?livemint.com
Economic and trade cooperation remains a key pillar of India-Indonesia ties
India and Indonesia issued a joint statement on the State Visit by Prime Minister of India to Indonesia. Prime Minister Modi and President Prabowo held official bilateral talks on 7 July 2026 at Istana Merdeka, Jakarta. The official talks covered the full spectrum of bilateral relations, including political engagement, defence and security cooperation, maritime cooperation, trade and investment, digital economy, science and technology, space, critical minerals, energy, agriculture, health, pharma, education, culture, tourism, youth exchanges and people-to-people ties, in addition to regional and global developments of mutual interest. They also witnessed the exchange of a number of bilateral documents, aimed at further strengthening the India-Indonesia Comprehensive Strategic Partnership.