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Raymond rallies as Bhanu Srivastava takes charge of defence business
Raymond surged 3.58% to Rs 628.90 after the company announced the appointment of Bhanu Prakash Srivastava as chief executive officer (CEO) of its defence business to lead its next phase of strategic growth.
Raymond shares rise 4% after former BEL chief joins defence business
Raymond shares rose nearly 4% after the company appointed former Bharat Electronics Chairman and Managing Director Bhanu Prakash Srivastava as CEO of its defence business. The company expects his nearly four decades of experience in defence technologies and programme execution to strengthen its expansion into defence electronics, systems integration, aerospace and related engineering businesses.
Railway Ministry declines Defence Ministry's plea to reduce military special train size, charges
The Railway Ministry has turned down the Defence Ministry's plea to reduce the minimum size of military special trains from 30 to 20 wagons. Citing operational constraints, Railways stated that its standard costing is based on 30 wagons, and a reduction wouldn't proportionally cut costs. The Defence Ministry had requested this change along with a waiver in freight charges, but the Railway Board deemed further relaxation operationally infeasible.
ICICI Prudential Mutual Fund trims stake to 7.12% in Kalpataru Projects International
ICICI Prudential Mutual Fund has decreased its stake in Kalpataru Projects International Ltd below 8% through open market transactions, selling 1,498,354 shares since December 2021.
Nifty India Defence index hits new high; 4 stocks up over 100% since April - Business Standard
Nifty India Defence index hits new high; 4 stocks up over 100% since AprilBusiness Standard
Defence index slips 2%; Paras, Apollo Micro, Data Patterns down up to 4% - Business Standard
Defence index slips 2%; Paras, Apollo Micro, Data Patterns down up to 4%Business Standard
Cemindia Projects Ltd leads gainers in 'A' group
Ola Electric Mobility Ltd, Paras Defence and Space Technologies Ltd, Data Patterns (India) Ltd and Raymond Lifestyle Ltd are among the other gainers in the BSE's 'A' group today, 09 June 2026.
Q4 Results Today: Tata Motors, Bharti Airtel, PFC, Oil India Among 100 Companies To Declare Earnings
DLF, Cipla, Hindustan Petroleum Corporation, LIC Housing Finance and Paras Defence are among the companies that will declare earnings on May 13.
Raymond Q4 results: Cons PAT falls 91% YoY to Rs 12 crore despite 8% revenue uptick
Raymond on Tuesday reported a steep 91% YoY drop in Q4 net profit to Rs 12 crore despite an 8% revenue rise. Sequentially, PAT improved 68%. EBITDA and margins weakened, but FY26 reflected steady growth driven by aerospace, defence, precision technology, and auto components, with management emphasising high-moat, high-margin expansion.
Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info,... - Moneycontrol.com
Stocks to Watch Today: Infosys, Aurobindo Pharma, Swan Defence, Arvind SmartSpaces, Prostarm Info,...Moneycontrol.com
DCM Financial Services Ltd leads gainers in 'B' group
Hinduja Global Solutions Ltd, Super Spinning Mills Ltd, Arvind SmartSpaces Ltd and Escorp Asset Management Ltd are among the other gainers in the BSE's 'B' group today, 10 March 2026.
Raymond shares surge 4% on appointing ex-BEL CEO as defence vertical's CEO
The new CEO will lead Raymond's defence business and be responsible for its strategic direction, operational roadmap and growth plans.