Shares of Apollo Micro Systems (AMS) continued their upward momentum for the fourth consecutive trading session on Wednesday, surging as much as 3.76% intraday to hit a new 52-week high of Rs 303. However, some profit booking was seen by mid-morning, with the stock trading 2% higher at Rs 298.40 as of 10:50 AM. AMS … Read more
The successful launch of ‘Operation Sindoor’ in the early hours of Wednesday has once again turned the spotlight on Indian defence stocks, which have rallied nearly 50% over the past month, reflecting strong investor interest. However, experts caution against chasing the rally out of FOMO, stressing the importance of a selective, strategy-driven approach to stock … Read more
NEW DELHI: While a number of bluechips have been sulking in a volatile 2022, defence stocks have been firing on all cylinders. Missile-maker Bharat Dynamics (BDL), which has been below the radar of most brokerages as only a handful of them have coverage on the PSU, has seen its shares more than double so far … Read more