Defence stocks surge, HAL, BEL, BDL, Mazagon Dock Q1 results reviewed
The Nifty India Defence Index rose 1% to a fresh high of 9,912.75 on Monday, extending gains for the fourth straight session. The rally follows a strong set of Q1 results for…
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Bharat Dynamics Q1 profit jumps sixfold to Rs 119 crore
Bharat Dynamics Ltd, a defence public sector undertaking, reported a consolidated net profit of Rs 118.79 crore for the June quarter, a sixfold jump from Rs 18.35 crore in the same period…
Parliament panel warns defence PSUs on order execution
A parliamentary panel has told the defence ministry that defence PSUs must improve project execution and delivery schedules to capitalise on their robust order books. The combined orders of nine defence PSUs…
