India’s defence sector is set for a massive expansion by 2047, with the total defence budget expected to soar to Rs. 31.7 lakh crore. That’s nearly five times the current allocation of Rs. 6.8 lakh crore for 2024-25, according to a recent report by the Confederation...
The shares of a Navratna PSU company, specializing in designing, developing, and manufacturing advanced electronic products and systems for the defence sector, are in focus, upon receiving work orders worth Rs. 537 Crores since May 16, 2025. With a market...
The Relative Strength Index (RSI) is a technical indicator used in financial markets to measure the speed and change of price movements. It ranges from 0 to 100 and is typically used to assess whether a stock or asset is overbought or oversold. An RSI value above 70...
The Benchmark Indices traded negatively during Friday’s trading session, with the Sensex decreasing by 0.24 percent, closing at 82,330.59. Similarly, the Nifty 50 index has fallen by 0.17 percent, and closed in the red at 25,019.8. Over the previous five trading...
India’s space industry is entering a period of explosive growth, with the sector valued at $8.4 billion in 2025 and targeted to reach $44 billion by 2033-an almost fivefold increase. As India aims to capture 8 percent of the global space market, here are five...
This Defence stock, engaged in designing, developing, and manufacturing advanced electronic products and systems, primarily for defence, aerospace, and homeland security applications in India and abroad, is in focus after SBI Securities gave a target of Rs. 372,...
During Thursday’s trading session, the shares of this Navratna Defence PSU company manufacturing and supplying electronic equipment and systems to the defence sector surged nearly 3 percent on BSE, after securing an order worth nearly Rs. 1,292 crores from Indian...
Shares of this Navratna Defence Public Sector Undertaking (PSU) surged by nearly 5.2 percent to hit an intraday high at Rs. 293.45 on BSE, during the trading session of Friday. This positive fluctuation in the share price w sparked by Jefferies’s initiation of...
During Monday’s trading session, the shares of this Navratna Defence PSU company manufacturing and supplying electronic equipment and systems to the defence sector surged nearly 1.4 percent to Rs. 294.9 on BSE, after the company announced securing an order worth Rs....
The Indian defence industry has witnessed significant developments in recent years, with the government taking proactive measures to boost indigenous manufacturing and leverage the country’s technological capabilities. A PSU stock that works in the...
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