BHEL Q4 net profit falls 25% to Rs 484 crore Due to Rising Business Costs
Bharat Heavy Electricals Limited experienced a 25% drop in net profit to Rs 484.36 crore for Q4 2024 due to higher business costs.
Bharat Heavy Electricals Limited experienced a 25% drop in net profit to Rs 484.36 crore for Q4 2024 due to higher business costs.
Leading firms IRFC, Bharat Electronics, ONGC, and Whirlpool India will reveal Q3 FY24 results on May 20, despite the closure of the NSE and BSE due to Lok Sabha elections.
Retail investors’ interest in defence companies has surged due to government’s “Make in India” initiatives and growing defence budgets, driving a consistent increase in Zen Technologies’ stock value.
India’s defense and space industries are rapidly expanding, contributing to national security and technology.
BEL, a PSU defense stock, is set to announce a BEL dividend for 2024, aiming to repay investors.
Nomura’s India Defence report highlights the Indian defence industry’s lucrative ordering opportunity worth $138 billion, highlighting the rising demand for defence technologies and equipment.
Binay Das, Director General of ECS cluster, DRDO collaborates with IIT Bhubaneswar on artificial intelligence-driven surveillance projects, focusing on electronics warfare, power systems, and radar systems.
Mahindra’s group CEO, Anish Shah, has achieved a major milestone by visiting Embraer’s headquarters in Brazil, focusing on strengthening their joint venture and increasing India’s defence capabilities.
Rohit Chouhan secured pre-seed financing from IIMA Ventures for Nabhdrishti Aerospace, a leading aerospace firm aiming to transform clean energy solutions.
Air India, a key player in India’s aviation history, is advancing in aircraft development, demonstrating its commitment to the country’s aviation industry.