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PSU defence stock jumps 7% after company announces strong Q1 result

PSU defence stock jumps 7% after company announces strong Q1 result

by Trade Brains | August 11, 2025 1:43 pm | Indian Markets, Mid-cap, News, Results, Stocks

Synopsis: Garden Reach Shipbuilders & Engineers jumped sharply after reporting a 30 percent and 38 percent growth in revenue and net profit respectively, on a year-on-year basis. However, on a QoQ basis, it performed poorly. The shares of this leading miniratna...
Defence stock jumps 5% after signing MoUs with Sweden & Denmark based firms for marine projects

Defence stock jumps 5% after signing MoUs with Sweden & Denmark based firms for marine projects

by Trade Brains | June 9, 2025 2:37 pm | Indian Markets, Mid-cap, News, Stocks

The shares of PSU Defense company, specializing in the construction of warships and vessels for the Indian Navy and Coast Guard, jumped upto 5 percent upon signing two MoUs, one with Berg Propulsion and another with SunStone. With a market capitalization of 37,087.93...
PSU defence stock with ₹24,000 Cr orderbook trading at discount of over 50% to keep an eye on

PSU defence stock with ₹24,000 Cr orderbook trading at discount of over 50% to keep an eye on

by Trade Brains | March 6, 2025 2:08 pm | News, Stocks

India’s aerospace and defense sector is rapidly growing, with a market size projected to reach $54.4 billion by 2033, growing at a CAGR of 6.99 percent. The sector received a record allocation of Rs 6.81 lakh crore in the 2025-26 budget, with Rs 1.80 lakh crore...
Stocks that might exit long term additional surveillance measure (ASM) stage 1 soon 

Stocks that might exit long term additional surveillance measure (ASM) stage 1 soon 

by Trade Brains | January 18, 2025 5:00 pm | News, Stocks

The Additional Surveillance Measure (ASM) is a regulatory framework introduced by SEBI in 2018 to monitor highly volatile stocks in the Indian stock market. It identifies securities with significant price fluctuations, trading volume changes, and overall volatility,...
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