SYNOPSIS: Company received arms licence to manufacture cannons for air defence and anti-drone systems, strengthening indigenous defence capabilities and positioning itself to address evolving modern warfare and security requirements. During Friday’s trading session,...
Synopsis:: Zen Technologies has recently bagged a 120 Crore defence contract with the Indian Ministry of Defence to set up India’s first Combat Training Node (CTN) at the Infantry School in Mhow, Madhya Pradesh. The shares of this defence company engaged in...
Synopsis: The shares of this small-cap defense company were in the news today after it received an order worth Rs 108 crore for the supply of simulators from the Ministry of Defence and GOI. The shares of this company, which designs, develops, and manufactures combat...
Synopsis: Zen Technologies Limited has received a Rs. 37 crore order from the Ministry of Defence, Government of India, for supplying its advanced Anti-Drone Systems with Hard Kill. The contract is domestic and will be executed within a year. This company designs,...
Price-to-Earnings ratio (P/E) is a common way to check if a stock is fairly valued. It shows how much investors are willing to pay for every rupee of a company’s earnings. A lower P/E compared to the industry average can mean the stock is undervalued or has strong...
Picking up stocks that strike a balance between growth and value can be tricky. The PEG ratio relates a company’s Price to Earnings Ratio to its expected earnings growth, and helps to identify undervalued opportunities. Stocks with a low PEG ratio often offer strong...
The PEG ratio (Price/Earnings-to-Growth ratio) is a stock valuation tool that helps to determine whether a stock is fairly priced by considering both its current price-to-earnings (P/E) ratio and its expected earnings growth. The formula for the PEG ratio is = P/E...
India, with one of the world’s most formidable armed forces, continues to prioritise defence as a key pillar of national strategy. The sector spans critical segments like military aircraft, naval vessels, and advanced missile systems. In the Union Budget for FY26, the...
Synopsis: Waaree Renewable, Amal, Natco Pharma, Zen Technologies, and ITDC are fundamentally strong companies that have shown consistent growth in revenue and doubled their earnings per share over the past three years. The following is a list of fundamentally strong...
The Indian government is planning to launch a Rs. 2,000 crore (around $234 million) incentive scheme to boost the country’s local drone manufacturing sector. This programme, expected to roll out over three years, will focus on supporting the production of drones,...