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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