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Defsys Solutions Pvt Ltd: A firm with an Atmanirbhar Bharat wish

Defsys Solutions Pvt Ltd, which has been named as the recipient of 1 million euros (Rs 8.62 crore) from Dassault Aviation of France in connection with the Rafale deal, is a company based in Hoskote, Karnataka, and was set up in January 2007. The company, owned by defence middleman Sushen Mohan Gupta, has a paid-up capital of Rs 6.95 crore and is “involved in research and experimental development on natural sciences and engineering”. “This class includes systematic creative work in the fields of research and development in natural sciences, medical sciences, agriculture and engineering and technology,” says Zauba Corp, a provider of commercial information and insights on businesses in India.

Hindustan Aeronautics Ltd Spurts 3 33%, S&P BSE Capital Goods index Gains 1 2%

Hindustan Aeronautics Ltd has lost 7.1% over last one month compared to 3.68% fall in S&P BSE Capital Goods index and 0.79% drop in the SENSEX Hindustan Aeronautics Ltd gained 3.33% today to trade at Rs 1028. The S&P BSE Capital Goods index is up 1.2% to quote at 21349.1. The index is down 3.68 % over last one month. Among the other constituents of the index, Adani Green Energy Ltd increased 2.73% and V-Guard Industries Ltd added 2.38% on the day. The S&P BSE Capital Goods index went up 99.88 % over last one year compared to the 76.54% surge in benchmark SENSEX. Hindustan Aeronautics Ltd has lost 7.1% over last one month compared to 3.68% fall in S&P BSE Capital Goods index and 0.79% drop in the SENSEX. On the BSE, 1475 shares were traded in the counter so far compared with average daily volumes of 68793 shares in the past one month. The stock hit a record high of Rs 1423.55 on 14 Aug 2020. The stock hit a 52-week low of Rs 490 on 12 May 2020.

Indian Navy choses the local to boost its operational capability

Indian Navy choses the local to boost its operational capability
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