India is making big moves in defence manufacturing! This year, the country is set to achieve Rs. 1.75 lakh crore in defence production, with an even bigger goal of Rs. 3 lakh crore by 2029. Defence exports are also soaring, reaching Rs. 21,083 crore in FY 2023-24. The USA, France, and Armenia were the top [...]
A "Death crossover" is a term used in technical analysis of financial markets to describe a bearish signal that occurs when a shorter-term moving average crosses below a longer-term moving average. The most common moving averages used are the 50-day moving average (short-term) and the 200-day moving average (long-term). This crossover is considered a negative [...]
The Indian defense sector has witnessed significant growth over the past few years, driven by the government's focus on self-reliance through the "Atmanirbhar Bharat" initiative. With increasing defense budgets and strategic emphasis on modernizing military equipment, India is actively promoting indigenous defense manufacturing. Key players in this sector include Bharat Electronics Limited (BEL), known for [...]
Circuit limits, or price bands, are mechanisms implemented by stock exchanges to control extreme price movements of stocks within a trading session. These limits are designed to protect investors from excessive volatility and to maintain orderly market conditions. These limits are typically set as percentages of the stock's previous closing price, with common thresholds being [...]
The Piotroski score, ranging from zero to nine, assesses a company's financial strength, with nine indicating the strongest position. The price-to-earnings (P/E) ratio measures a stock's share price relative to its earnings. A high P/E may suggest overvaluation and a low P/E indicates better value, as investors pay less for each rupee of earnings. Here [...]
Indian defence companies have recently seen a surge in work orders, driven by increased government contracts and higher defence spending. Stocks such as HAL, BEL, and Mazagon Dock Shipbuilders Ltd have notably gained traction in 2024. Over the past two years, the country's defence exports have grown significantly. In the next five years, India hopes [...]
The company was incorporated in 1954. It is engaged in the business of designing, manufacturing and supplying electronic equipment and systems for the defence and civilian markets in India. Its product portfolio includes defence communication products, naval systems, land-based radars, avionics, electro-optics, tanks, etc. With a market capitalization of Rs. 2,15,236 crores, the shares of [...]
Shares of Navratna PSU jumped around 7 percent in Wednesday’s trading session after reporting an increase in net profits by 111 percent QoQ. In just six months, the stock has given more than 90 percent returns to its shareholders. With a market capitalization of Rs. 2,00,800 crores, the shares of Bharat Electronics Ltd started Tuesday’s [...]
As the earnings season approaches, investors eagerly await the unveiling of fourth-quarter results are set to be announced next week. Analysts anticipate insights into companies' financial performance, expecting significant market reactions based on revenue, profit, and strategic outlooks. The outcomes will likely influence market sentiments and investment decisions in the upcoming period. Here is the [...]
Nomura Holdings Inc. is a global Financial Services Group with an integrated network spanning 30 regions and countries. The Group acts as market makers, trading in equity & fixed income securities, including interest rates, currencies, derivatives, and other structured products. Recently, Nomura initiated coverage on the Defence sector with a buy rating, as the international [...]
