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Paras Defence, MTAR Tech, HAL Shares Rally In Trade As India's Defence Production Touches All-Time High
Paras Defence emerged as the top gainer, surging 12.89%, followed by Astra Microwave Products, which advanced 7.72%, and MTAR Technologies, up 6.99%. Data Patterns gained 4.81%, while Bharat Dynamics rose 4.39%.
Defence stock Zen Tech jumps over 7%, defying cautious market sentiment after this business update; details here - Mint
Defence stock Zen Tech jumps over 7%, defying cautious market sentiment after this business update; details hereMint
Zen Technologies jumps 6% on launch of India’s first AI-powered Smart Border Suite
Zen Tech Chairman & Managing Director Ashok Atluri said that indigenous defence technologies built on Indian intellectual property would play a key role in strengthening national security and operational readiness as India modernises its border infrastructure.
MTAR Tech vs Apollo Micro Systems: Which multibagger defence stock to buy after 395% rally in 1 year
Two Indian defence stocks, MTAR Tech and Apollo Micro Systems, have delivered spectacular returns. MTAR Tech surged 395% and Apollo Micro Systems climbed 185% in a year. Analysts are now evaluating which stock offers better future prospects. Both companies operate in a booming defence sector with strong order books and growth potential.
MTAR Tech shares drop 3% after rallying 24% in 3 days. Should you buy the dip?
MTAR Technologies shares fell after witnessing profit booking following a sharp rally that pushed the stock to a record high last week. The defence and precision engineering company recently secured large international orders and raised its FY27 growth guidance, while analysts continued to maintain a bullish outlook on the stock’s technical structure.
Manulife's Rana Gupta sees long-term opportunity in defence and platform businesses
Rana Gupta, Senior Portfolio Manager and India Equity Specialist at Manulife Investment Management, says Indian platform companies, defence plays, and infrastructure stocks are set for significant earnings growth by FY28–29, even as near-term oil price pressures and margin risks weigh on consumer durables, EMS, and travel-related sectors.
Magellanic Cloud and Rayonix Tech jointly incorporate SPV 'MCRAY'
Magellanic Cloud and Rayonix Tech has jointly incorporated a Special Purpose Vehicle (SPV) in the name of MCRAY XTEND INDIA (MCRAY). The SPV has been incorporated in furtherance of the Strategic Investment and Collaboration Agreement executed between the Company and Rayonix Tech for carrying out activities relating to unmanned aerial vehicle (UAV) technology, defence technology solutions, manufacturing, deployment, and other allied business operations.
PM Modi In Europe: From Trade Deal, Defence To Tech — Here's What To Expect
The third India-Nordic Summit will take place on May 19.
Zen Technologies unveils suite of new products and defence tech solutions
Zen Technologies has unveiled a suite of new products and advanced defence technology solutions at the North Tech Symposium 2026 held at Prayagraj.
India outflows ease, tech funds see early recovery signs: EPFR Global
Cameron Brandt, Director of Research at EPFR Global, says Korea’s AI and defence-led rally is reshaping emerging market allocations, while improving flows into software and services funds could signal a turning point for India.
Defence stocks update: Zen Tech, Mazagon Dock shares fall up to 10% after Q4 results
The defence pack could see stock-specific action on Monday, May 4, as investors react to a leadership transition at Hindustan Aeronautics and recent quarterly results from Mazagon Dock and Zen Technologies.
BHEL signs tech transfer pact with DRDO lab for naval systems
Bharat Heavy Electricals Ltd signs LAToT with NSTL DRDO for naval GT IRSS, boosting defence diversification and 'Make in India' aligned growth. Shares of Bharat Heavy Electricals Limited ended higher on Tuesday, April 28, by 1.73% at ₹354.60 on the NSE.