Multibagger Defence PSU Stock Mazagon Dock Shipbuilders Surges 2,828%
Mazagon Dock Shipbuilders, India’s top shipbuilding yard, has seen a 2,828% return in just four years, from its IPO price of Rs 145 to its recent all-time high of Rs 4,245.
Category: Industry
Garden Reach Shipbuilders (GRSE) bags $54 million export order for commercial vessels
Defense PSU Garden Reach Shipbuilders and German companies Carsten Rehder Schiffsmakler and Reederei have signed a $54 million contract for the construction and delivery of four multipurpose vessels.
Premier Explosives stock surges 10% ex-split, up 109% in 11 days
Premier Explosives’ shares reached a new high of Rs 909.35, a 10% increase from its June 5 level, and have more than doubled in value since then.
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.
Manoj Jain appointed as Chairman of Bharat Electronics by Ministry of Defence
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.
Ministry of Defence Issues RFP to HAL for light combat helicopters, Boosting ‘Make in India’ Campaign
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, including Bharat Dynamics, HAL, and others, experienced a drop of 6%
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 test Indigenous Shoulder-Fired Missiles for User Trials, Developed by DRDO
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.
Defence stock to buy: These Defense Stocks Surge with a 28% Rally Last Week
The defence sector is expected to experience strong growth, with defence stocks experiencing a 28% boost in performance, indicating a robust defence sector.
India’s Third Most Successful IPO, Paras Defence & Space Technologies, Sees Stock Surge by 20%
Paras Defence & Space Technologies Ltd.’s shares have seen a 20% increase in recent trading sessions, approaching its October 2021 record high.
