Shares of drone companies like Zen Technologies and IdeaForge soared on Friday, hitting their upper circuit limits during intraday trading as tensions escalated between India and Pakistan. Zen Technologies Hits Upper Circuit Zen Technologies opened at ₹1295.15 on the BSE, a bit lower than its previous close of ₹1339.44. Despite the weak start, the stock…
Bharat Forge reported a stellar fourth-quarter performance for FY25, with net profit growing 24.44% year-on-year to ₹282.62 crore, while revenue declined 7.48% to ₹3,852.60 crore. Profit before tax grew 23.99% to ₹429.4 crore, and EBITDA grew 2.71% to ₹671.1 crore. Total expenses declined 9.38% to ₹3,483.04 crore compared to last year. The company’s core forgings…
The Indian defense sector is poised for substantial growth, attracting the attention of brokerage firm PhillipCapital. With its positive outlook, the company believes that defense stocks hold significant long-term potential. In this article, we will explore the reasons behind PhillipCapital’s optimism and delve into the key stocks that they favor. Reforms Boosting Efficiency and Self-Reliance…
