Chandrayaan 3 will land on the moon, shares of 7 companies can become rockets - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

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Wednesday, August 23, 2023

Chandrayaan 3 will land on the moon, shares of 7 companies can become rockets

Many companies of the country have had a hand in preparing and successfully launching Chandrayaan 3, which includes the names of private companies along with government companies. In such a situation, when Chandrayaan 3 will land on the moon, on the other hand, before and after that, the shares of these companies will also be monitored.

Today i.e. on August 23, at around 6 o'clock, India's moon mission Chandrayaan 3 will land on the moon. This moment will be historic not only for India but for the whole world. The eyes of the whole world will be on Chandrayaan 3. Along with this, the eyes of millions of investors will also be on the stock market of India. Yes, after Chandrayaan 3's landing on the moon, 6 Indian companies can become rockets in the stock market exchanges. In which, apart from Hindustan Aeronautics, Bharat Heavy Electricals Company, a Maharatna company of the Government of India, is also included in this list. Let us also tell you about these 6 companies and give information about the shares of the companies at present.

larsen and toubro

Larsen & Toubro is a multinational conglomerate providing engineering, EPC solutions in key sectors such as Infra, Hydrocarbon, Power, Process Industry and Defence, Information Technology and Financial Services. According to reports, the company has provided several ground and flight components for the mission. The shares of the company closed at Rs 2679.50 on Tuesday. In the last one month, the company has given a return of about 3 per cent. In the current year, the company has given more than 28 percent return to the investors.

Hindustan Aeronautics

Hindustan Aeronautics is engaged in the business of manufacturing and repair and maintenance of aircraft and helicopters. According to reports, the public sector company has supplied components to the National Aerospace Laboratories (NAL) which prove to be helpful in the mission. On Tuesday, the company's shares closed at Rs 3891 with a gain of about two per cent. In the last one month, the company's returns have been flat, whereas in the current year, the company has given a return of 53.24 per cent to the investors.

Bharat Heavy Electricals

Bharat Heavy Electricals is an integrated power plant device maker engaged in design, engineering, manufacturing, manufacturing, testing, commissioning and servicing of a range of products and services for Power, Transmission, Industry, Transport, Defense etc. sectors. According to the information, the company had made batteries and other components available for the Chandrayaan mission. On Tuesday, the company's stock closed at Rs 111.05, up 10.11 per cent. By the way, in the last one month, the company has given a return of 13 percent to the investors. At the same time, in the current year, the company has given a return of more than 38 percent.

Paras Defense & Space Technologies

Paras Defense & Space Technologies is a private sector company engaged in Design, Development, Manufacturing and Testing of a wide range of Defense and Space Engineering products and solutions. The company provides a wide variety of products and solutions for the Defense and Space sectors and is one of the key suppliers for the Chandrayaan mission. On Tuesday, the company's stock closed at Rs 680.40 with a gain of 0.85 per cent. The stock of the company has remained flat in the last one month. Whereas in the current year the company has given more than 14 per cent return to the investors.

MTAR Technologies

MTAR Technologies is in the business of manufacturing machine devices, assembling, sub-assembling and spare parts for the energy, nuclear, space, aerospace, defense and other engineering industries. According to the report, the company was involved in the manufacturing of the engine and the launch phase of the mission. On Tuesday, the company's stock closed at Rs 2118.20, down 0.84 per cent. By the way, the stock of the company has remained flat in a month. In the current year, the company has given more than 30 per cent return to the investors.

Walchandnagar Industries

Walchandnagar Industries is a Heavy Engineering and Project Execution company and offers diversified business across core sectors with focus on EPC/Turnkey Projects, Hi-Tech Manufacturing, Engineering Products and Engineering Services. It is being said that it has supplied components for Chandrayaan launch. On Tuesday, the company's stock closed at Rs 101.50, down nearly two per cent. By the way, the company has given a return of about 8 percent in a month. Whereas in the current year the company has given a return of more than 47 percent.

Centum Electronics

Centum Electronics is involved in the design of advanced microelectronics modules, frequency control products, printed circuit board assemblies and resistor networks for the communications, military, aerospace, transport and industrial electronics markets. The company is said to have manufactured electrical systems and critical components for the Moon mission. On Tuesday, the company's stock closed at Rs 1432.30 per share, up 2.58 per cent. By the way, the company's stock has seen a rise of more than 4 percent in a month. At the same time, in the current year, the company's stock has proved to be a multibagger for the investors and has given a return of 105 per cent.

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