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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...
PSU defence stock jumps after signing MoU with Hindustan Shipyard Ltd for marine system development

PSU defence stock jumps after signing MoU with Hindustan Shipyard Ltd for marine system development

by Trade Brains | July 28, 2025 12:59 pm | Analysis, Indian Markets, News, Small-cap, Stocks

Synopsis: BEML and Hindustan Shipyard have agreed to collaborate on advanced marine systems, focusing on innovation and full lifecycle support. The shares of the PSU company, specializing in the manufacturing and supply of high-quality products and services across...
PSU defence stock jumps 7% after company announces strong Q1 result

PSU defence stock jumps after LIC acquired fresh stake of 3.27% in the company

by Trade Brains | July 21, 2025 3:38 pm | Indian Markets, Large-cap, News, Stocks

Synopsis: LIC acquired a 3.27% stake in Mazagon Dock as the government diluted its holdings, while mutual funds and FPIs also increased their stakes. This PSU Defence stock, engaged in designing, building, and repairing warships, submarines, offshore platforms,...
PSU defence stock in focus after receiving ₹490 Cr order from Govt of India for research vessels

PSU defence stock in focus after receiving ₹490 Cr order from Govt of India for research vessels

by Trade Brains | April 9, 2025 2:38 pm | News, Stocks

This leading shipbuilding company specializing in the design and construction of warships, which has also its base in marine systems, naval surface guns, etc, announced receiving a prestigious work order. In this article, we will look into it. Price Movement With a...
PSU defence stock crashes 7% after Govt of India plans to sell up to 4.83% stake in the Co via OFS

PSU defence stock crashes 7% after Govt of India plans to sell up to 4.83% stake in the Co via OFS

by Trade Brains | April 4, 2025 11:28 am | News

The shares of the leading defence company plummeted by up to 7 percent after the Government of India is set to sell up to a 4.83 percent stake in the company via an offer-for-sale (OFS) on April 4 and April 7.  Price movement  With a market capitalization of...
PSU Defence stock jumps 3% after receiving ₹1,292 Cr order from Indian Coast Guard 

PSU Defence stock jumps 3% after receiving ₹1,292 Cr order from Indian Coast Guard 

by Trade Brains | February 20, 2025 3:34 pm | News, Stocks

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...
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