Page 6 - Centum Electronics News Today

India News: Just hours before the nation prepares to land a spacecraft on the lunar south pole, Larsen & Toubro (L&T) and other businesses that provided tools and

Larsen & Toubro, Hindustan Aeronautics, Bharat Forge, Linde India, Centum Electronics, Avantel, and L&T Technology Services, all of which are in the business of supplying electronic components or engineering solutions to the aerospace sector, touched fresh 52-week highs in trade on Wednesday.

Shares of companies related to aerospace and defense sectors were in the limelight on Wednesday with Chandrayaan-3 set to touch down on the lunar surface.

The stock of Centum Electronics zoomed 14.91 per cent, Paras Defence and Space Technologies Ltd jumped 5.47 per cent & MTAR Technologies rallied 4.84 per cent.

Success of mission is expected to attract more investment in space-tech sector

Aerospace and defence stocks were in their element on Wednesday and would continue to be in focus on Thursday after successful landing of Chandrayaan-3 on the moon. Get more Stocks News and Business News on Zee Business.

Indian Space Association has applauded ISRO and the Indian government for the successful touchdown of the Chandrayaan-3 lander on the south pole of the moon surface and called it a historic moment for India.

New Delhi, Aug 23 (IANS) The space industry leaders on Wednesday hailed the historic feat as India made the successful touchdown of the Chandrayaan-3 lander

Shares of Linde India hit an all-time high of 6,165.65 Indian rupees ($74.71) today (23rd August) after the industrial gas company won a Letter of Acceptance from Indian Oil Corporation (IOCL).

The investors who looked beyond Nifty have been handsomely rewarded. While Nifty has moved 1,736 points since the last Independence Day, which is a 9.8% gain, (Friday, August 12, 2022), the Nifty MidCap 100 has rallied 6,964 points or 22.61% and Nifty SmallCap 100 has traversed 2,241 points or 23.78%.