Defence stocks including Garden Reach Shipbuilders, Hindustan Aeronautics, Paras Defence, Cochin Shipyard, among others rallied up to 6% on Wednesday, after the government approved five capital acquisition proposals worth ₹21,772 crore to improve the country’s defence preparedness. Garden Reach Shipbuilders & Engineers share price led the rally with gains of 6.2%, Paras Defence and Space Technologies shares surged as much …
The government-owned BEML Ltd. announced on Wednesday, November 27, that it has signed an agreement with Mazagon Dock Shipbuilders to develop technologies for the marine industry, news agency PTI reported. “BEML and Mazagon Dock Shipbuilders Ltd have entered into a strategic Memorandum of Understanding to jointly advance research and development in cutting-edge technologies for marine applications,” the statement reads. Mazagon …
Stocks to buy: The recent stock market crash has heavily beaten many quality stocks. According to stock market experts, Hindustan Aeronautic Limited, Bharat Electronics Ltd, and Mazagon Dock Shipbuilders have delivered decent second-quarter numbers in FY2024-25. HAL vs BEL vs Mazagon Dock Shipbuilders Speaking on which share is better in the defence segment, Mahesh M Ojha, AVP—Research at Hensex Securities, …
