With a major boost from IT companies, Indian benchmark indices were trading higher, while the BSE Information Technology index emerged as the best-performing sector with gains of almost 1.9%. The only losing sectors were BSE Financial Services, BSE Bankex and BSE Auto. With 2,129 shares rising on the BSE and 1,414 shares declining, the advance-decline …
Indian headline indices started the week with a substantial surge following election outcomes, igniting the markets. These indices reached new all-time highs on the bourses, with robust uptrends observed in the energy, oil & gas, power, and capital goods sectors. With 2,485 shares rising on the BSE and 1,089 shares declining, the advance-decline ratio strongly …
About the order Avantel Limited has secured a prestigious contract worth Rs 5.3 crore from the Naval Headquarters, Ministry of Defence. This domestic order involves the development and manufacturing of Satcom Baseband equipment (LDPC) for Cband Hub, a crucial component of the Indian Navy’s satellite communication infrastructure. The equipment, scheduled for delivery by November 2024, …
Avantel Ltd – Company Overview Avantel Ltd is operating in the fields of wireless and satellite communication products, defence electronics, radar systems, and network management software applications. Their primary focus is on designing, developing, and maintaining these technologies for customers, with a particular emphasis on serving the aerospace and defence sectors. It aims to provide …
Apollo Micro Systems – Company Overview Apollo Micro Systems Limited (AMS) is a prominent player in the Indian Defence sector, particularly in the areas of electronic manufacturing, hardware designing, weapon integration, and platform integration. It specializes in the design, development, and sale of high-performance solutions that are critical for mission and time-sensitivity operations. AMS’s products …
In the world of defense and aerospace, where precision and innovation reign supreme, Hindustan Aeronautics Ltd (HAL) has emerged as a shining star in recent years. This Indian aerospace giant has captured the spotlight with its remarkable performance and groundbreaking achievements. In a momentous development, HAL recently unveiled the first LCA Tejas twin-seater aircraft to …
On June 6, 2024, Aurionpro Solutions announced in an exchange filing that the company’s subsidiary Integro Technologies partnered with Yoma Bank in Myanmar. The collaboration is to revolutionise the bank’s SME lending operations. Integro Technologies is a high end, pioneering provider of Lending Platforms that will deploy its cutting-edge SmartLender Commercial Loan Origination solution for …
As India gears up for the 18th Lok Sabha elections spanning from 19th April to 1st June 2024, Prime Minister Modi’s address at the India Today Conclave 2024 resonated with a vision of progress and development. Emphasizing key pillars such as government schemes, startups, digital revolution, women empowerment, and ‘Mission 2047’, PM Modi articulated a …
The Indian defense sector achieved another successful milestone with the completion of Mission Divyastra, marking the inaugural test of the domestically developed Agni-5 missile featuring Multiple Independently Targetable Re-entry Vehicle (MIRV) Technology, as announced by Indian Prime Minister Shri Narendra Modi on Monday. “Proud of our DRDO scientists for Mission Divyastra, the first flight test …
When investing in the stock market, it is always advisable to have a good mix of stocks from different industries. This is referred to as diversifying your portfolio. The main purpose of putting your money into a variety of sectors is to ensure sustained profits – if one industry faces some sort of deterrent, stocks …
