Indian Stock Market Daily Updates
India is set to deploy its own long-range air defense system by 2028-29 under Project Kusha. The indigenous long-range surface-to-air missile (LR-SAM) system is being developed by the Defense Research and Development Organization (DRDO). The LR-SAM system will have a range of up to 350 km and will be capable of intercepting a wide range … Read more
Bharat Electronics Ltd has reported Q3FY23 financial results for the period ending December 31, 2022. Financial Results (Q3 FY2023) – QoQ Comparison Financials Q3 FY2023 Q2 FY2023 % Change Total Income ₹4211.76 crs ₹4035.38 crs 4.37% Net Profit ₹613.01 crs ₹623.74 crs -1.72% EPS ₹0.83 ₹0.86 -3.49% Financial Results (Q3 FY2023) – YoY Comparison Financials … Read more
The government increased defence spending in the most recent Budget 2022 from Rs. 4.78 lakh crore to Rs. 5.25 lakh crore, despite the epidemic having an effect on the Indian economy. India needs to stay up with other nations’ ongoing technological updates to their military systems, therefore this is a strategic step. India recently declared … Read more