The shares of a prominent defence and aerospace solution provider fell up to 2% after a prominent Foreign Institutional Investor offloaded 2,84,964 equity shares via the bulk deal. With a market capitalization of Rs 15,142.26 crore, the shares of Data Patterns (India)...
India’s aerospace and defense sector is valued at USD 27.1 billion in 2024 and is projected to reach USD 54.4 billion by 2033, growing at a CAGR of 6.99 percent. Defense production hit a record Rs 1.27 lakh crore in FY 2023-24, and exports reached Rs 21,000 crore,...
The shares of the aerospace electronics solutions provider gained up to 9 percent in today’s trading session after the company’s net profit and revenue increased by 153 percent and 238 percent QoQ, respectively, in Q4. With a market capitalization of Rs 16,548.86...
In Q4 FY25, Foreign Institutional Investors (FIIs) showed significant interest in Indian defence stocks, reflecting confidence in the sector’s growth amid rising geopolitical tensions and government’s focus on indigenous defence production. The defence...
Recently, there has been a surge in the stock prices of Indian defence companies, which is particularly heightened by the geopolitical tensions along India’s and its neighbouring countries’ borders. The rally was further emphasised by the Indian government’s...
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