The Sensex is trading up by 0.27 per cent trading at 82,587 while the Nifty is also up by 0.30 per cent and is trading below the 25,400 level. 

This MoU is dedicated to the design, development, production, sales and support of new-generation helicopter engines in India, marking a significant milestone in India's aerospace and defence sector, aiming to enhance the nation's Aatmanirbharta in helicopter engine technology.

The GIFT Nifty indicates a negative start for the Indian Benchmark indices, with a slight decline of 0.16 per cent or 40.5 points. Nifty futures are currently trading near the 25,376.90 mark.

The stock gave multibagger returns of 1,576 per cent in 3 years and a whopping 13,140 per cent in 5 years.

The company has a market cap of Rs 2,386 crore and an order book of over Rs 803.20 crore as of June 2024.

As of June 30, 2024, the company’s order book stands at Rs 1,79,019 million (Including L1 Orders).

The stock gave multibagger returns of 100 per cent from its 52-week low; 660 per cent in 3 years and a whopping 2,090 per cent in 5 years.

The stock is trading at 0.70 times its book value and gave multibagger returns of over 100 per cent from its 52-week low of Rs 13.60 per share.

The stock is up by 82.15 per cent from its 52-week low of Rs 51.60 per share and gave multibagger returns of over 700 per cent in 3 years.