Capital Goods stocks were trading in the negative zone, with the S&P BSE Capital Goods index falling 124.13 points or 0.56% at 21899.92 at 13:48 IST. Among the components of the S&P BSE Capital Goods index, GMR Infrastructure Ltd (down 1.67%), Havells India Ltd (down 1.54%),Kalpataru Power Transmission Ltd (down 1.48%),Larsen & Toubro Ltd (down 1.38%),Thermax Ltd (down 1.38%), were the top losers. Among the other losers were ABB India Ltd (down 1.18%), Carborundum Universal Ltd (down 1.15%), AIA Engineering Ltd (down 0.46%), Bharat Electronics Ltd (down 0.33%), and Bharat Heavy Electricals Ltd (down 0.18%). On the other hand, Hindustan Aeronautics Ltd (up 3.76%), Lakshmi Machine Works Ltd (up 2.49%), and Grindwell Norton Ltd (up 1.64%) moved up.
Aero India is India s premier aerospace and defence exhibition where global aero vendors and the Indian Air Force (IAF) thrill the spectators with back-to-back aerobatic flying displays. Global industry chiefs, with their latest products, try to catch the eye of Indian policy makers. Thousands of business visitors and general visitors including foreign decision-makers, industry chiefs, pilots and technicians travel to India and witness the flying displays. It is organised by the defence ministry every alternate year in Bengaluru at Yelahanka Air Force base. Aero India also enables the industry professionals to gain market insights, announce new developments and offers a unique platform for international aviation firms to showcase their products and strengthen their businesses. The first edition of Aero India was held in 1996, under the then Defence Minister late George Fernandes.
They’re No F-35s, But These 5 Russian Warplanes are Fierce Killers
That Russia hasn’t reached parity with the most advanced air force in the world should not detract from the fact that Moscow has produced some formidable aircraft.
Here s What You Need to Remember: The Tu-160 is incredibly fast for a strategic bomber, achieving a maximum speed of 2,220 km/hour. This far outpaces the American strategic bombers like the B1-B Lancer (1,448 km/hour) and the B-52 (1,000 km/hour). The Blackjack boasts an impressive 7,300 km combat radius and made its first transatlantic flight from Murmansk to Venezuela in 2008.
SBI Life Insurance Company Ltd witnessed volume of 541.55 lakh shares by 10:48 IST on BSE, a 353.98 times surge over two-week average daily volume of 1.53 lakh shares
Sobha Ltd, Oberoi Realty Ltd, Hindustan Aeronautics Ltd, Dr Lal Pathlabs Ltd are among the other stocks to see a surge in volumes on BSE today, 12 March 2021.
SBI Life Insurance Company Ltd witnessed volume of 541.55 lakh shares by 10:48 IST on BSE, a 353.98 times surge over two-week average daily volume of 1.53 lakh shares. The stock dropped 1.57% to Rs.925.25. Volumes stood at 1.37 lakh shares in the last session.
Sobha Ltd clocked volume of 4.48 lakh shares by 10:48 IST on BSE, a 22.82 times surge over two-week average daily volume of 19638 shares. The stock gained 1.23% to Rs.452.35. Volumes stood at 5388 shares in the last session.
India: Paras Defense and Space Technologies to raise funds via IPO route
March 9, 2021
Mumbai-based Paras Defense and Space Technologies Ltd on Tuesday filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi) to float an initial public offering.
Paras Defense and Space Technologies’ caters to four major segments of Indian Defence Sector namely defence and space optics, defence electronics, electro-magnetic pulse (“EMP”) protection solution, and heavy engineering.
The issue comprises a fresh issuance of equity shares worth ₹120 crore and an offer of sale of up to 1.72 million equity stocks by promoters and existing shareholders, the draft red herring prospectus (DRHP) filed with Sebi showed.