F&O Ban: HAL and 7 Stocks Under Trade Ban on Friday
Seven stocks, including Balrampur Chini Mills, Birlasoft, GNFC, Hindustan Aeronautics, Hindustan Copper, Indus Towers, and Piramal Enterprises, are prohibited from trading under the F&O.
Seven stocks, including Balrampur Chini Mills, Birlasoft, GNFC, Hindustan Aeronautics, Hindustan Copper, Indus Towers, and Piramal Enterprises, are prohibited from trading under the F&O.
Bharat Electronics has appointed Manoj Jain as its chairman and managing director, effective June 20, 2024. Jain, previously director of R&D, has held various roles at BEL.
The Ministry of Defence has requested HAL to purchase 156 light combat helicopters, bolstering the domestic defense industry and supporting the ‘Make in India’ campaign.
Defence stocks plummeted on June 19, following profit bookings, as investors prioritized the sector, boosting exports, budgets, and funding, encouraging economic reforms and policy continuity.
Indian Army to receive Indigenous shoulder-fired air defense missiles from DRDO for user trials after testing, aiming to combat aerial targets in border areas.
The defence sector is expected to experience strong growth, with defence stocks experiencing a 28% boost in performance, indicating a robust defence sector.
Paras Defence & Space Technologies Ltd.’s shares have seen a 20% increase in recent trading sessions, approaching its October 2021 record high.
Motilal Oswal launched the Motilal Oswal Nifty India Defence Index Fund, offering exposure to Indian-listed defense firms, aiming to provide investors with a chance to invest in the growing defense industry.
The Indian defense sector is transforming into a high-tech powerhouse, exporting expertise to over 85 nations. This transformation is driven by a diverse ecosystem of enterprises, including aerospace and defense hardware manufacturers.
PTC Industries’ involvement in a special purpose vehicle under the government’s “Make in India” program drove its shares up 5% to Rs 11,513 on June 11, marking a 93% increase this year.