India had cleared its largest-ever defence deal for 26 Rafale-Marine combat aircraft with France earlier this month on April 9 at a meeting of the Cabinet Committee on Security led by Prime Minister Narendra Modi under a government-to-government deal.
1 min read19 Apr 2025Putin and Xi are wooing the world’s fourth-largest nation with military and economic promises.
4 min read18 Apr 2025Multibagger small-cap stock Apollo Micro Systems saw a more than 3% increase in intraday trading on April 15 due to multiple order wins.
1 min read15 Apr 2025HAL share price has rallied 18% in one month, but the defence stock is down 2% on a YTD basis. In the past one year, HAL shares have risen nearly 15%. In the long-term, the PSU defence stock has delivered multibagger returns.
1 min read11 Apr 2025The company received its first F404 engine from GE last week after a delay of a year-and-a-half. A ₹63,000-crore order for 156 Prachand light combat helicopters in late March marked the defence ministry’s biggest procurement from HAL so far.
3 min read4 Apr 2025Stock to buy for long-term: Mazagon Dock Shipbuilders share price has surged 25% in one month, and more than 20% on a year-to-date (YTD) basis. In the past six months, the defence stock has rallied 32%.
2 min read3 Apr 2025ALLIANZ-DEFENCE/ (PIX):Allianz scraps nuclear, military exclusions to back Europe’s rearmament drive
1 min read31 Mar 2025India’s defence boost: State-run defence major HAL received the tender for 156 Light Combat Helicopters (LCH) in June last year. The IAF is the lead agency for this joint procurement.
3 min read28 Mar 2025Zen Technologies Share Price Today: The multibagger defence stock has gained 18 per cent in the last six sessions and surged 65 per cent in one year. Zen Tech has delivered multibagger returns of 614 per cent in the past three years.
5 min read28 Mar 2025Analysts expect stronger India-US defence ties under Trump 2.0, unlocking new opportunities for Indian defence firms to partner with leading US companies. Valuations, however, could be a dampener.
4 min read25 Mar 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared