Defence stock engaged in the business of designing, developing, and manufacturing Defence Application Products, Kitchen, and Dairy equipments related to it hit a 2 percent upper circuit in the day’s trade following 305 percent jump in Net Profits. Price Action With a market capitalization of Rs. 1,002 Crores, the shares of Krishna Defence and Allied [...]
The shares of this microcap company locked a 5 percent upper circuit after receiving an order worth Rs. 88.41 crores from the Ministry of Defence. The shares have delivered more than a 130 percent return to its shareholders in one year. Price Movement: With a market capitalization of Rs. 951 crores, the shares of Krishna [...]
Shares of this smallcap company are expected to be in focus after signing the MoU to introduce new products for the defence and maritime industries. In one year, the stock has delivered a multi-bagger return of 304 percent to its shareholders. Price Movement: With a market capitalization of Rs. 1,096 crores, the shares of Krishna [...]
This year, India allocated ₹6.21 lakh crore to the Ministry of Defence, which constitutes 13 percent of the total Budget expenditure. This increase in capital allocation reflects the government's commitment to enhancing the operational capabilities and modernization of the Indian Armed Forces. The Indian Navy, the naval wing of the Indian Armed Forces, is primarily [...]
Defence stock engaged in the business of designing, developing, and manufacturing Defence Application Products, Kitchen, and Dairy Equipment Products jumped 19 percent in the day’s trade upon posting its Q4FY24 results with a 173 percent jump in Net Profits. With a market capitalization of Rs. 742 Crores, the shares of Krishna Defence and Allied Industries [...]
On Wednesday, a multibagger microcap stock gained 3 percent after bagging an order worth ₹8.80 crore from the Ministry of Defense. The stock has delivered 153.59 percent returns in one year. With a market capitalization of ₹506 crore, Krishna Defence and Allied Industries Ltd. (KDAIL) rose by 3 percent from its previous close of ₹362.45 [...]
