• Facebook
  • X
  • Instagram
  • RSS
  • Advertise
  • TradeIQ Concert
  • Research Reports
  • Heatmap
  • Billionaires
  • Entrepreneurs
  • Fintech
  • Banking
  • Gold & Metals
  • Real Estate
  • Crypto Press Release
0 Items
Trade Brains
  • Indian Markets
    • Editors Pick
    • Bulk/Block Deals
    • Corporate Action
    • Large-cap
    • Mid-cap
    • Micro-Penny
    • Recent Orders
    • Results
    • IPO Analysis
    • FPO Analysis
    • Stock Ideas
    • Technical
  • Global Markets
    • US Markets
    • Trump News
    • Asian Markets
    • European Markets
  • Digital Assets
    • Crypto
    • NFT
  • Business
    • Billionaires
    • Entrepreneurs
    • Fintech
    • Innovation
    • Leadership
    • Startups
  • Money
    • Gold & Metals
    • Banking
    • Credit Card
    • Mutual Funds
    • ETFs
    • Hedge Funds
    • Insurances
    • Real Estate
    • Retirement
    • Personal Finance
  • Lifestyle
  • Sports
Select Page

BEL and 4 other stocks to benefit after govt approves 3rd launchpad worth ₹3,985 Cr

by Trade Brains | January 16, 2025 5:35 pm

The government’s initiative to clear a third launch pad for India’s space sector, with a cost of Rs. 3,985 crore, is set to boost the industry. This project will create significant opportunities across various sectors, benefiting key players.

Larsen & Toubro (L&T), leveraging its extensive ISRO collaboration experience from missions like Chandrayaan and Mangalyaan, stands to secure major contracts in spacecraft assembly and launch infrastructure; NCC Limited’s expertise in complex infrastructure projects makes it a prime candidate for expanding the Satish Dhawan Space Centre with new launch pads; JSW Steel’s capability to produce specialized steel grades positions it well to meet the growing demand for high-grade materials in launch facility construction. 

While aerospace specialists Hindustan Aeronautics Limited (HAL) and Bharat Electronics Limited (BEL) are uniquely positioned to capitalize on increased government investment in space and defense technologies through their established capabilities in aerospace manufacturing, electronic systems, and communications equipment, all of which will be crucial as India emphasizes indigenous technology development and expands its space program capabilities.

List of stocks to benefit from this initiative:

1. Bharat Electronics Limited (BEL)

Established in 1954, manufactures advanced aerospace and defense electronics, including communication systems and radars. It holds Navratna status and primarily serves India’s defense sector, also expanding into civilian and global markets.

The stock is currently priced at Rs. 277.50, with a daily movement of 3.60%. Over the past year, it has gained 48.55%, and in the last five years, it has seen an impressive 666% return, indicating strong long-term growth.

2. Hindustan Aeronautics Limited (HAL)

Founded in 1940, designs and manufactures military aircraft and helicopters. Based in Bangalore, HAL plays a key role in India’s defense sector, producing aircraft like Tejas and Dhruv while collaborating internationally for technology transfer.

The stock is currently priced at Rs. 3,925.95, with a daily movement of 2.70%. Over the past year, it has gained 31.15%, and in the last five years, it has delivered an impressive return of 852.90%, showing strong growth over time.

Also read….

Auto ancillary stock hits 20% upper circuit after reporting 156% YoY increase in net profit

3. JSW Steel

Founded in 1982 and headquartered in Mumbai, is a leading steel manufacturer known for its innovative products in construction and automotive industries. The company focuses on sustainability and expanding its production capacity while reducing its carbon footprint.

The stock is currently priced at Rs. 909, with a daily movement up by 0.62%. Over the past year, it has gained 9.30%, and in the last five years, it has delivered a solid return of 232%, reflecting steady growth.

4. NCC Limited

Established in 1978, specializes in civil engineering and infrastructure projects like roads, bridges, and buildings. Based in Hyderabad, it is known for delivering quality projects on time and for sustainable practices in construction and real estate.

The stock is currently priced at Rs. 247.75, with a daily movement up by 2.04%. Over the past year, it has gained 24.31%, and in the last five years, it has delivered a strong return of 315%, indicating healthy growth.

5. Larsen & Toubro (L&T)

Founded in 1938, is a multinational conglomerate involved in engineering, construction, and technology services. Headquartered in Mumbai, L&T is renowned for undertaking large-scale infrastructure projects, focusing on innovation and sustainability across multiple sectors.

The stock is currently priced at Rs. 3,515, with a daily movement up by 0.39%. Over the past year, it has decreased by 1.64%, but in the last five years, it has gained 169%, showing long-term growth.

Written By Fazal Ul Vahab C H

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

Candlesticks and chart trading mastery

Search Topic or Keyword

Easiest Stock Screener Tool!

Best stock discovery tool with +130 filters, built for fundamental analysis. Profitability, Growth, Valuation, Liquidity, and many more filters. Search Stocks Industry-wise, Export Data For Offline Analysis, Customizable Filters.

  • — Stock Screener
  • — Compare Stocks
  • — Stock Buckets
  • — Portfolio Backtesting

Start your stock analysis journey with Trade Brains Portal today. Launch here!

Keep the Learning On!

Subscribe to Youtube to watch our latest stock market videos. Subscribe here.

About Trade Brains

Trade Brains is India’s trusted financial and business news portal.

Phone: 080884 91790

Email: [email protected]

Quick Links

  • Trade Brains Portal
  • Stock Screener
  • Compare Stocks
  • Trade Brains News
  • Candlesticks Books
  • Fingrad
  • Subscribe on Youtube

Contact and Partnership

Reach us out at

  • Phone: [+91] 8088491790
  • Email: [email protected]

For Advertisement, Press Releases, Partnerships or to get backlinks on this website, please e-mail us at [email protected]

For Partnerships & Promotio

Visit  – tradebrainsawards.com/

Chandan Singh Rawat
Emaill: [email protected]
Mob: (+91)6366648573

Bikram Singhary
Email: [email protected]
Mob: (+91)8088491790

Other Links

  • Upcoming Dividend Stocks
  • Upcoming Bonus Issue
  • Nifty 50 Heatmap
  • Stock Research Reports
  • Trending Stocks Today
  • Stock Comapre
  • Newsslash

 

 

  • About
  • Careers
  • Advertise & Backlinks
  • Terms and Conditions
  • Disclaimer & Privacy Policy
  • Contact
  • Submit Press Release
  • Facebook
  • X
  • Instagram
  • RSS
2025 © Tradebrains Technologies Pvt Ltd - All Right Reserved