Three stocks including Vinyas Innovative gained attention after winning new orders from defence and other sectors. These deals may boost future growth and improve investor confidence in the companies.
The Tejas Mk-1A is an advanced version of the original Tejas aircraft that India developed through its Aeronautical Development Agency.
Swan Defence shares fell 5% and hit lower circuit after the company approved a 5% promoter stake sale through OFS, with the floor price fixed at ₹1,900 per share.
India’s DRDO MIGM naval mine is a smart underwater weapon that can detect and destroy stealth ships and submarines, making it very dangerous for enemies and boosting India’s sea defence strength.
Bharat Electronics Ltd secured ₹1,011 crore in new defence orders, adding strength to its order book. The deals include advanced systems, services, and equipment across multiple defence and technology segments.
HAL has started a new Hot Isostatic Press facility at its Nashik division to process carbon-carbon brake discs for Tejas Mk1A aircraft, helping speed up production and strengthen India’s defence manufacturing.
DRDO has developed Sigma 4.0 camouflage software to help the Indian Army hide vehicles and equipment from radar, infrared sensors, drones, and thermal cameras using advanced multispectral camouflage technology.
Paras Defence and Space Technologies has secured an ₹80.28 crore order from DRDO to develop a high-precision optical system for air defence. The project will be completed within 18 months.
Apollo Micro Systems has secured new defence and government orders worth ₹73.32 crore from DRDO, DPSUs, private companies and other departments.
Adani Enterprises’ wholly owned subsidiary ADSTL has signed a deal to buy Punj Lloyd’s defence unit in Malanpur, Madhya Pradesh, through a slump sale to expand its defence manufacturing business.
