Once the stocks conquer 200-WMA, the upside potential is huge.
Experts said the government has timed the HAL share sale well. The stock has more than doubled from its March lows amid strong buying momentum in defence stocks.
Most defence-related stocks gained ground on Monday post the development with Bharat Dynamics up nearly 8 per cent at Rs 452 on the BSE
Chief executive officers (CEOs) of defence companies said if the plan is implemented well, this will help India become a net exporter
Hindustan Aeronautics, BEML, Bharat Dynamics and Bharat Electronics among the state-owned companies shares have rallied by up to 10% on the BSE in early morning trade.
State had signed MoUs worth Rs 50,000 crore at DefExpo 2020
The ministry of defence has set a goal of $26 billion, including export of $7 billion for the industry by 2025-26 through its Defence Production Policy 2018
In the 'Make in India' programme, the role of DRDO is to support industry with technologies that are, as far as possible, developed within the country, says DRDO chief G S Reddy
It has been learnt that the two types of gun systems - both designed and developed by Kalyani Group - are being sent later this year to Saudi Arabia for trial evaluation
PM trots out defence production sector reforms since 2014, which are aimed at making India a global 'defence manufacturing hub'
Commercial production expected to start in March 2020
Industrial security pact represents historic progression between India, US: Lockheed VP Vivek Lall
The tactical solutions, which can withstand sub-zero temperatures, can also be deployed for a variety of functions, including in high altitude terrains and emergency rapid response
The 9th Beijing Xiangshan Forum (BXF) was held jointly by the China Association for Military Science (CAMS) and China Institute for International Strategic Studies (CIISS) last week
The Defence Procurement Procedure 2016 (DPP) is due for revision. Officials said the panel will recommend measures to remove procedural bottlenecks and hasten defence acquisition
In 2014-15, 2015-16, and 2017-18, the sector attracted FDI worth $0.08 million, $0.10 million and $0.01 million, respectively, according to data given by Minister Piyush Goyal
On April 26, HAL submitted two responses to the Navy's EoI issued to industry for building 111 Naval Utility Helicopters for an estimated Rs 21,738 crore