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Top Gainers & Losers on March 02: IndiGo, RVNL, Syrma SGS, LT Foods, Swiggy, OLA among top losers today
On March 2, the Indian stock market fell over 1% amid rising Middle East tensions after US and Israeli attacks on Iran. Iran retaliated, raising fears of war and causing crude oil prices to spike, with Saudi Aramco halting operations at a refinery following a drone strike.
Zen Technologies jumps 9%, ideaForge hits upper circuit as India eyes Rs 20,000 crore drone buy
India has more than 600 firms making drones and components, with more than 100 focused on defence applications.
IdeaForge shares settle at 20% upper circuit as drone tech firm swings to profit in Q4
Buying interest strengthened after the company reported a net profit of Rs 60 crore for the quarter, against a net loss of Rs 26 crore in the corresponding period last year.
Zen Technologies climbs 4% on launch of anti-drone smart border system
The system includes AI-powered anti-drone technologies with both soft-kill and hard-kill capabilities, available in vehicle-mounted, portable and fixed variants.