The stock market witnessed a slump on Tuesday, extending its correction phase with the Sensex dropping over 800 points and the Nifty shedding 200 points. This decline reduced the market capitalisation of BSE-listed companies by Rs 5.76 lakh crore, bringing it down to Rs 436.78 lakh crore. However, there are some key stocks that will … Read more
Defence PSU stocks GRSE and Cochin Shipyard rallied over 40% in the last three days of trade on BSE as both firms reported strong June quarter results. Shares of GRSE, a warship maker, jumped over 42% in the last three sessions. Meanwhile, in Thursday’s trade, the stock advanced over 7% and hit a new 52-week … 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