Market News
Stay updated with the latest market trends, earnings, and economic indicators.
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.
140% rally in 4 months! This smallcap aerospace stock soars 18% in 3 days to fresh lifetime high. Should you buy?
Aequs shares extended gains for a third straight session, surging over 18% during the rally to hit a record high after bullish initiations by IIFL Capital and Nuvama. The brokerages cited the company's strong aerospace manufacturing capabilities, robust order book and long-term growth prospects, with target prices implying up to 73% upside.
This smallcap aerospace stock could soar 91%, predicts Nuvama
Nuvama has initiated coverage on Aequs with a 'Buy' rating and a target price of Rs 444, implying a 91% upside. The brokerage expects strong earnings growth, backed by the company's $889 million order book, vertically integrated aerospace manufacturing capabilities, and long-term contracts with global aerospace OEMs.
Defence shares Zen, Paras, Dynamatic, Unimech rally up to 6%; here's why
Defence stocks in focus: The Defence Acquisition Council (DAC) approved capital acquisition proposals worth about ₹52,000 crore to strengthen the combat capabilities of the armed forces.
Stocks to watch, July 1: RIL, Nestle India, Paras Defence, KPIT Tech, HUL, Kotak Bank, Unimech Aerospace - Upstox
Stocks to watch, July 1: RIL, Nestle India, Paras Defence, KPIT Tech, HUL, Kotak Bank, Unimech AerospaceUpstox
Unimech Aerospace surges after securing long-term supply agreement with Austria's FACC
Unimech Aerospace and Manufacturing jumped 7.66% to Rs 1,176.60 after the company signed a long-term supply agreement with FACC Operations GmbH, Austria, strengthening its presence in the global aerospace supply chain.
HFCL shares jump 5% after Rs 2,666-crore RVNL order; stock soars 200% in 6 months
HFCL shares surged after securing a significant contract from Rail Vikas Nigam Limited for the BharatNet project. This order strengthens HFCL's telecom network presence. The company is also expanding into defence and aerospace sectors. HFCL is a key player in optical fibre cable manufacturing and is involved in AI connectivity. Its export revenue is projected to grow substantially.
NLC India declared preferred bidder for critical mineral block in Telangana
The block is located in the Sangareddy district of Telangana and contains minerals that are considered strategically important for sectors such as energy storage, defence, aerospace and advanced manufacturing.
India's electronics manufacturing boom faces 'scale without depth' hurdle: KPMG
India's electronic manufacturing services market is set for substantial growth, projected to reach over $150 billion by FY30. This expansion hinges on moving beyond high-volume assembly to embrace design and component manufacturing. Strategic focus on automotive, industrial, and aerospace sectors will drive long-term value.
Himalaya Wealth launches ₹500 crore SME fund to back manufacturing, deeptech firms
The Category I AIF will target profitable growth-stage SMEs in sectors including aerospace, defence, industrial automation and healthcare, amid rising investor interest in manufacturing-led businesses.
Contract manufacturer Aequs posts 33% growth in revenue in FY26, losses widen for the year
Contract manufacturer Aequs reported a 33% rise in FY26 revenue driven by strong aerospace and consumer business growth. Despite higher sales, losses widened due to operating costs from its consumer electronics expansion. The company also strengthened its aerospace order book and expanded manufacturing partnerships globally.
Ashish Kacholia portfolio stock Balu Forge jumps 8% after announcement to foray in aerospace business
Balu Forge share price jumped nearly 8% on May 26 after securing its first aerospace order from Alpha Aircraft Systems Inc. This milestone marks Balu Forge's entry into the aerospace sector, with development and manufacturing now underway following an advance payment received on May 25, 2026.