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 [...]
The Indian government Targets to export over Rs. 50,000 Crores worth of defence equipment by 2028-2029 and achieve self reliance. Investing in defence shares offers financial growth due to its steady demand, government backing, and long-term contractual commitments. Listed below are some of the Defence stocks trading at a discount of upto 36 percent that [...]
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 [...]
The defence industry in India is a significant contributor to the nation's economy and stock market. The Indian government has been increasing defence spending, potentially leading to increased demand for defence products and services, benefiting defence companies. Listed below are such defence stocks whose market capitalization is less than 1,000 crores and have delivered multibagger [...]
Shares of this micro-cap company jumped upto 5 percent after receiving an order worth Rs. 88.75 crores from the Ministry of Defence. In one year, the shares have delivered a multibagger return of 200 percent to its shareholders. With a market capitalization of Rs. 521 crores, the Krishna Defence & Allied Industries Ltd shares started [...]
India, with the world's third-largest armed forces and significant Defence imports, prioritizes self-reliance in Defence through the "Aatmanirbharta" program. Defence production rose 15% to $13.6 billion in 2022. In order to support the Defence industry, the government prioritizes predictability, transparency, and ease of doing business. India, home to 194 Defencetech startups, hopes to export $15 [...]
This small-cap stock hit a 20% upper circuit on Tuesday after the company received an order worth 56.14 Cr and the stock climbed to a new 52-week high of Rs. 263.20 on the same day. The robust and rising volume, which is higher than average in comparison to the prior day and week, is assisting [...]
