DSIJ Mindshare

5 defence companies along with Uttar Pradesh Expressways Industrial Development signs a joint venture with Ministry of Defence

The main objective of this joint venture is to provide a significant boost to indigenous research, development, and manufacturing in the Indian defence sector.

Kiran Shroff 0 2329 Article rating: 4.9

The five companies involved are:

President of India’s portfolio gains Rs 1,26,84,79,140 in a single day from this defence PSU stock; company bags order worth Rs 357 crore!

Company's total open order position currently stands at approximately Rs 1,750 crore.

Prajwal Wakhare 0 2323 Article rating: 4.6

This is a Mid-cap company with a market capitalization of Rs 7,536 crore and currently trading at Rs 402. This stock has generated multibagger returns of 347.47 per cent in a decade.

Rs 1,622.5 crore order book: After Chandryaan 3 this multibagger aerospace & defence company played a pivotal role in Aditya-L1; scrip hit 52-week high!

The stock gave multibagger returns of 112 per cent in just 6 months.

Kiran Shroff 1 35889 Article rating: 3.9

The Government of India still owns a 74 per cent stake in the company after its IPO in 2018. The open order position of MIDHANI as of date is Rs 1622.50 crore.

Rs 1,622.50 crore order book: This multibagger aerospace & defence company announces stellar quarterly results (Q1FY24)!

The stock gave multibagger returns of 107 per cent in just 1 year whereas BSE Sensex Index is up by 11.40 per cent.

Kiran Shroff 1 12432 Article rating: 4.1

Earlier, MIDHANI played a vital role in the successful launch of the Chandrayaan-3 Mission. MIDHANI developed and supplied critical materials for the LVM3 M4, a three-stage heavy lift launch vehicle used in the lunar mission.

Hot Stock: This aerospace & defence company played a pivotal role in Chandrayaan - 3

The stock has increased by 45 per cent in the last 6 months, 90 per cent in the last year, and has delivered multibagger returns of over 130 per cent in the last 5 years.

Kiran Shroff 0 22746 Article rating: 3.8

MIDHANI and ISRO have had a fruitful partnership for over 40 years. MIDHANI's materials have been integral to ISRO's space missions since its inception. MIDHANI will continue to support ISRO's ambitious Gaganyaan Mission and other pioneering programs.

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