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Tag: Bharat Dynamics

Valuation fears hit defence shares: The place are they headed? Right here’s what analysts say

Valuation fears hit defence shares: The place are they headed? Right here’s what analysts say

Newz Baba05 mins

Defence sector shares got here underneath strain on Thursday as traders booked income following a pointy three-month rally. The Nifty India Defence Index dropped 2%, lagging the broader Nifty which ended 0.5% decrease.Out of the 18 shares on the defence index, 16 closed within the pink. Bharat Dynamics was the largest loser, falling 4.8% to…

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India plans ₹30,000 crore push to strengthen Military’s air defence with QR-SAMs

India plans ₹30,000 crore push to strengthen Military’s air defence with QR-SAMs

Newz Baba04 mins

India is about to think about a ₹30,000 crore plan to purchase three regiments of indigenous QR-SAM techniques for the Military, following Pakistan’s failed drone and missile assaults throughout Operation Sindoor. The cell missile system, developed by DRDO, is designed to shoot down enemy plane, drones, and helicopters inside 30 km. learn extra Amid the…

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