Rs 8,994 Million Order Book Around 3.3 Times FY24 Revenue: Heavy Buying Rocket Propellants Manufacturer for Defence Industry Hits Upper Circuit Today; FII Increased Stake!
Rs 8,994 Million Order Book Around 3.3 Times FY24 Revenue: Heavy Buying Rocket Propellants Manufacturer for Defence Industry Hits Upper Circuit Today; FII Increased Stake!

Rs 8,994 Million Order Book Around 3.3 Times FY24 Revenue: Heavy Buying Rocket Propellants Manufacturer for Defence Industry Hits Upper Circuit Today; FII Increased Stake!

It is the only qualified Indian company for countermeasures and the only Indian company involved in the export of fully assembled rocket motors.

Rakesh Deshmukh Article rating: 4.2
Rs 8,994 Million Order Book: Heavy Buying Rocket Propellants Manufacturer for Defence Industry Hits Upper Circuit Today; FII Increased Stake!
Rs 8,994 Million Order Book: Heavy Buying Rocket Propellants Manufacturer for Defence Industry Hits Upper Circuit Today; FII Increased Stake!

Rs 8,994 Million Order Book: Heavy Buying Rocket Propellants Manufacturer for Defence Industry Hits Upper Circuit Today; FII Increased Stake!

It is the only qualified Indian company for countermeasures and the only Indian company involved in the export of fully assembled rocket motors.

Rakesh Deshmukh Article rating: 5.0

Trading volume in this defence stock surged by 9.45 times on the BSE today.

Rs 8,994 Million Order Book: Rocket Propellants Manufacturer for ISRO & DRDO Hits Upper Circuit on Friday; FII Bought 1,88,164 Shares in Q1 FY25!
Rs 8,994 Million Order Book: Rocket Propellants Manufacturer for ISRO & DRDO Hits Upper Circuit on Friday; FII Bought 1,88,164 Shares in Q1 FY25!

Rs 8,994 Million Order Book: Rocket Propellants Manufacturer for ISRO & DRDO Hits Upper Circuit on Friday; FII Bought 1,88,164 Shares in Q1 FY25!

It is the only qualified Indian company for countermeasures and the only Indian company involved in the export of fully assembled rocket motors.

Rakesh Deshmukh Article rating: 3.9

It is the only qualified Indian company for countermeasures and the only Indian company involved in the export of fully assembled rocket motors.

Rs 8,994 million Order Book: High-Energy Materials Manufacturer for Defence Industry’s Share Hit Upper Circuit Today; FII Bought 1,88,164 Shares!
Rs 8,994 million Order Book: High-Energy Materials Manufacturer for Defence Industry’s Share Hit Upper Circuit Today; FII Bought 1,88,164 Shares!

Rs 8,994 million Order Book: High-Energy Materials Manufacturer for Defence Industry’s Share Hit Upper Circuit Today; FII Bought 1,88,164 Shares!

It is the only qualified Indian company for countermeasures and the only Indian company involved in the export of fully assembled rocket motors.

Rakesh Deshmukh Article rating: 4.0

It is the only qualified Indian company for countermeasures and the only Indian company involved in the export of fully assembled rocket motors.

Rs 8,994 million Order Book: High-Energy Materials Manufacturer for Defence Industry’s Share Hit Upper Circuit for 2 Consecutive Days; FII Acquires 1,88,164 Shares!
Rs 8,994 million Order Book: High-Energy Materials Manufacturer for Defence Industry’s Share Hit Upper Circuit for 2 Consecutive Days; FII Acquires 1,88,164 Shares!

Rs 8,994 million Order Book: High-Energy Materials Manufacturer for Defence Industry’s Share Hit Upper Circuit for 2 Consecutive Days; FII Acquires 1,88,164 Shares!

First to manufacture explosives and detonating fuses with indigenous technology, and also the first to produce solid propellants for missile programs.

Rakesh Deshmukh Article rating: 4.5

First to manufacture explosives and detonating fuses with indigenous technology, and also the first to produce solid propellants for missile programs.

Rs 8,994 Million Order Book: Shares of This High Energy Materials Manufacturer for Defence Industry Hits Upper Circuit; FII Bought 1,88,164 Shares!
Rs 8,994 Million Order Book: Shares of This High Energy Materials Manufacturer for Defence Industry Hits Upper Circuit; FII Bought 1,88,164 Shares!

Rs 8,994 Million Order Book: Shares of This High Energy Materials Manufacturer for Defence Industry Hits Upper Circuit; FII Bought 1,88,164 Shares!

First to manufacture explosives and detonating fuses with indigenous technology, and also the first to produce solid propellants for missile programs.

Rakesh Deshmukh Article rating: 3.8

First to manufacture explosives and detonating fuses with indigenous technology, and also the first to produce solid propellants for missile programs.

Dark Horse Stock of the Day: Heavy Buying Hits Upper Circuit; This Explosive and Defence Stock Rallied by 170 per cent in Just 3 Months!
Dark Horse Stock of the Day: Heavy Buying Hits Upper Circuit; This Explosive and Defence Stock Rallied by 170 per cent in Just 3 Months!

Dark Horse Stock of the Day: Heavy Buying Hits Upper Circuit; This Explosive and Defence Stock Rallied by 170 per cent in Just 3 Months!

The shares of the company have delivered a return of over 754 per cent to its shareholders in just 1 year only.

Rakesh Deshmukh Article rating: 3.5

The shares of the company have delivered a return of around 754 per cent to its shareholders in just 1 year only.

5:1 Stock Split on June 21: Heavy buying in this multibagger defence explosives stock with Rs 965 crore order book; Hits 52-week high today!
5:1 Stock Split on June 21: Heavy buying in this multibagger defence explosives stock with Rs 965 crore order book; Hits 52-week high today!

5:1 Stock Split on June 21: Heavy buying in this multibagger defence explosives stock with Rs 965 crore order book; Hits 52-week high today!

The stock gave multibagger returns of 590 per cent in just 1 year and a whopping 2,000 per cent in 3 years.

Kiran Shroff Article rating: 3.7

The stock gave multibagger returns of 590 per cent in just 1 year and a whopping 2,000 per cent in 3 years.

Double Dhamaka: 5:1 stock split & 25 per cent dividend announced - Multibagger defence explosives stock with Rs 965 crore order book reports a 307 per cent jump in PAT
Double Dhamaka: 5:1 stock split & 25 per cent dividend announced - Multibagger defence explosives stock with Rs 965 crore order book reports a 307 per cent jump in PAT

Double Dhamaka: 5:1 stock split & 25 per cent dividend announced - Multibagger defence explosives stock with Rs 965 crore order book reports a 307 per cent jump in PAT

The stock gave multibagger returns of 500 per cent in just 1 year and a whopping 1,525 per cent in 3 years.

Kiran Shroff Article rating: 2.7

The shares of the company saw a spurt in volume by more than 2.28 times on BSE.

Chirag Dilipkumar Lakhi & Atim Kabra - portfolio multibagger defence explosives stock; Board announce stock split & Rs 400 crore fundraise!
Chirag Dilipkumar Lakhi & Atim Kabra - portfolio multibagger defence explosives stock; Board announce stock split & Rs 400 crore fundraise!

Chirag Dilipkumar Lakhi & Atim Kabra - portfolio multibagger defence explosives stock; Board announce stock split & Rs 400 crore fundraise!

The stock gave multibagger returns of 504 per cent in just 1 year and a whopping 1,500 per cent in 3 years.

Kiran Shroff Article rating: 4.2

As of March 2024, Chirag Dilipkumar Lakhi – son of Dilipkumar Lakhi owns a 1.79 per cent stake and Atim Kabra owns a 1.78 per cent stake in the company.

Rs 1,108 crore order book: Investors pile into multibagger explosives stock as the company reports a 540 per cent jump in net profit!
Rs 1,108 crore order book: Investors pile into multibagger explosives stock as the company reports a 540 per cent jump in net profit!

Rs 1,108 crore order book: Investors pile into multibagger explosives stock as the company reports a 540 per cent jump in net profit!

The stock gave multibagger returns of 113 per cent returns in just 1 month, up 340 per cent in 3 years and over 1,400 per cent returns in 1 decade.

Kiran Shroff Article rating: 4.0

Additionally, the company’s order book stands at Rs 1,108 crore which is 5.50 times of FY23 revenue. Out of the total order book, 87 per cent of orders are domestic orders and 13 per cent are export orders. Order Inflow in YTD FY24 stands at Rs 725 crore. These include orders from BDL, L&T and MoD (IAF) to be executed over the next 12-24 months. working towards securing more orders in defence and explosive segments.

Two big orders won from Ministry of Defence: Small-cap company secures order worth Rs 552 crore, stock hits a 20 per cent upper circuit!
Two big orders won from Ministry of Defence: Small-cap company secures order worth Rs 552 crore, stock hits a 20 per cent upper circuit!

Two big orders won from Ministry of Defence: Small-cap company secures order worth Rs 552 crore, stock hits a 20 per cent upper circuit!

This intriguing development came after the company received substantial defence orders, propelling its shares to an upper circuit limit.

Karan Dsij Article rating: 3.8

In a single day, the company received an order worth Rs 552 crore, which is equivalent to 2.73 times its total sales for the fiscal year 2023. 

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