Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Bharat Forge bags Rs 425 crore defence contract from MoD
Bharat Forge has signed a contract worth Rs 425 crore with the Ministry of Defence (MoD) for the supply of Gas Turbine Generators (GTGs) to the Indian Navy for onboard power generation on Kolkata-class warships.
GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker?
GRSE shares surged nearly 5% after the defence PSU was granted Navratna status, boosting investor sentiment. The status allows greater financial autonomy for expansion. Strong revenue and profit growth over recent years, along with capacity expansion plans, position the warship-maker for sustained long-term growth.
Defence stock Garden Reach Shipbuilders jumps 5% after being conferred with Navratna status
Garden Reach Shipbuilders & Engineers shares rose nearly 5% following the DPE granting Navratna status due to its strong financial performance. Revenue jumped from ₹1,754 crore to ₹7,002 crore in five years, aiding broader initiatives like Atmanirbhar Bharat.
Goodluck India gains after arm secures Rs 255 crore defence order
Goodluck India advanced 3.12% to Rs 1,463.85 after the company's subsidiary, Goodluck Defence and Aerospace, has secured an order worth approximately Rs 255 crore for the supply of 155 mm long-range empty shells in ready-to-fill condition.
Easing West Asia tensions boost IPO activity, 3 issues to open next week
The primary market is showing signs of revival as improving geopolitical conditions in West Asia have boosted investor sentiment, prompting three mainboard IPO launches next week and paving the way for more public issues in the pipeline. Cordelia Cruises operator Waterways Leisure Tourism, Jaipur-based jewellery manufacturer Advit Jewels, and IT solutions provider CSM Technologies will launch their maiden public issues over the next few days, while packaging solutions provider Knack Packaging is expected to announce its price band. Quick commerce unicorn Zepto is looking to raise over Rs 10,000 crore, and the country's largest fund house, SBI Mutual Fund, plans to launch its Rs 13,000-crore public issue next month, according to people familiar with the development. In June, CMR Green Technologies and Hexagon Nutrition have already launched their IPOs, while the public issue of insurtech unicorn Turtlemint Fintech Solutions is currently underway. Adding to the momentum, the National
Goodluck India arm bags Rs 255 crore defence order
Goodluck India announced that its subsidiary, Goodluck Defence and Aerospace, has secured an order worth approximately Rs 255 crore for the supply of 155 mm long-range empty shells in ready-to-fill condition.
Power Grids, Data Centres, Defence Could Lead India’s Next Bull Market: Mulki Of Navi AMC - BW Businessworld
Power Grids, Data Centres, Defence Could Lead India’s Next Bull Market: Mulki Of Navi AMCBW Businessworld
Goodluck India subsidiary bags ₹255 crore defence order for 155mm long-range shells
Shares of Goodluck India Ltd ended at ₹1,425.00, up by ₹67.30, or 4.96%, on the BSE.
Paras Defence Surges 7%: Record Defence Production, ₹30,000 Crore Drone Programme and Strong Technicals Fuel Rally - India Infoline
Paras Defence Surges 7%: Record Defence Production, ₹30,000 Crore Drone Programme and Strong Technicals Fuel RallyIndia Infoline
Multibagger Paras Defence shares rocket 28% in just 3 sessions. What’s behind the stellar rise?
Paras Defence shares surged 28% in three sessions, extending a strong rally driven by optimism around India’s expanding defence manufacturing ecosystem. Rising domestic production, growing exports, institutional interest and expectations of sustained defence spending have strengthened sentiment around the sector and boosted investor confidence.
GRSE, Paras, Zen Tech: Analyst sees up to 54% upside in 3 defence stocks
Defence stocks to buy: Muthuselvaraj of Mirae Asset Sharekhan explains that Paras Defence is showing an uptrend, trading with higher top, higher bottom pattern after breaking from consolidation zone.
Bharat Forge arm partners US military vehicle maker AM General to offer mobile artillery systems worldwide
Kalyani Strategic Systems Ltd (KSSL), the defence subsidiary of Bharat Forge Ltd, has signed a strategic partnership agreement with US-based military vehicle manufacturer AM General at the Eurosatory defence exposition in Paris.