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Source: Live Mint Indian defence stocks rallied sharply on March 19, driven by strong global cues following Germany’s move to boost military spending. ICICI Securities remains bullish on the sector, citing robust fundamentals and recent policy tailwinds. Defence Stocks Rally on Germany’s Spending Boost Shares of Garden Reach Shipbuilders surged 20 percent on Wednesday, March…
Source: Live Mint Brokerage firm Elara Capital is positive on India’s defence industry in the long term due to higher budgetary allocation and focus on self-reliance. The brokerage firm is optimistic about the growth prospects of the sector due to the government’s focus on increasing defence production and the interest of global companies in India…
Source: Live Mint (For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) FTSE 100 up 0.2%, FTSE 250 up 0.2% Assura rejects $2 billion proposal, shares climb Defence stocks jump on pressure to boost military spending Feb 17 (Reuters) – Britain’s benchmark index edged…
Source: Live Mint The Cabinet Committee of Security’s latestapproval for orders worth ₹21,100 croreis seen as a shot in the arm for defence companies such as Hindustan Aeronautics Ltd (HAL), Bharat Electronics Ltd (BEL) and Larson and Toubro Ltd (L&T). A pickup in defence approvals and orders, which were in the slow lane for much…
Source: Live Mint Foreign fund inflows into Indian financial markets are expected to remain robust, supported by the nation’s adept management of inflation without hindering economic growth, stated Mark Mobius, Chairman of the Mobius Emerging Opportunities Fund, during an investor webinar organized by PL Capital Group – Prabhudas Lilladher. Mobius highlighted that India continues to…
Source: Live Mint Investors in the Hindustan Aeronautics Ltd (HAL) stock are jittery. Shares of the public sector aerospace and defence company have declined nearly 30% from their 52-week high of ₹5,674 apiece seen on 9 July and are currently trading at ₹4,075. The September quarter (Q2FY25) earnings of HAL had some positives such as…
Source: Live Mint Investor interest in small-cap stocks on Dalal Street seems to be gradually fading, as many of them are now trading significantly below their recent highs. This decline in enthusiasm follows a period when small-cap stocks garnered substantial attention, which drove their valuations to elevated levels. In recent years, small-cap stocks benefited from…
Source: Business Standard Defence stock, HAL share price, Mazagon Dock share, Cochin Shipard 2 min read Last Updated : Oct 10 2024 | 2:39 PM IST Shares of Mazagon Dock Shipbuilder, Cochin Shipyard, Hindustan Aeronautics (HAL), among other defence-related companies, rallied up to 7.6 per cent in Thursday’s intraday trade. Stocks of companies involved in…
