DSIJ Mindshare

As of March 31, 2023, the company’s order book stands at Rs 2,299 crore which is executable in the next 12 to 36 months period.

Shares of the company gained more than 35 per cent in the last six months.

Notably, the stock has surged by more than 50 percent in the last three months. However, a more intriguing fact is that the company's market capitalization is Rs 1,333 crore, and the value of the stocks held by the company is almost equal to its market capitalization, amounting to around Rs 1,305 crore.

The company's prospect is positive due to its role as a strategic partner for DRDO and its participation in every significant launch of an Indian satellite since 2008.   

In the first half of 2022, when most of the stocks were bleeding red and the broader markets were on a downhill ride, there was one sector that gained investors’ attention and outperformed the markets. This sector not only defended its investors’ interests but also, managed to help them generate alpha.