Defense stocks in India rallied by up to 5% on Wednesday, tracking gains in the broader Indian stock market today. The Nifty India Defense index rose as much as 1.2%, supported by strong buying interest across key constituents. Astra Microwave Products share price emerged as the top gainer, surging 5.7%, followed by Mishra Dhatu Nigam,…
BEML Dividend: Defense PSU BEML Limited has released its December quarter (Q3 FY26) results and these results were weaker than market expectations. The company suffered a consolidated loss of more than ₹ 22 crore in the quarter, the direct impact of which was also seen on the share price. After the results, BEML shares fell…
BEML, the state-run defense company, reported a consolidated net loss of ₹22.38 crore in the third quarter of FY26 as against a net profit of ₹24.41 crore in the year-ago period. The company’s consolidated revenue from operations in Q3FY26 increased 23.7% to ₹1,083.27 crore from ₹875.77, year-on-year (YoY). At the operational level, earnings before interest,…
Railway Stocks, Budget 2026: Shares of railway-related companies were under pressure on Sunday after Union Finance Minister Nirmala Sitharaman presented the budget for 2026-27. Many railway stocks including IRFC, RVNL, BEML, IRCON, RailTel, IRCTC, Titagarh Rail Systems and CONCOR declined during trading on BSE. Source
The schemes are currently under preparation and could be announced in the upcoming budget. According to the report, the proposed incentives are likely to be split across two key segments: construction equipment and the automobile value chain, as part of efforts to strengthen the domestic capital goods ecosystem and reduce import reliance. Construction equipment segment…
Railway Stocks to BUY : RVNL , IRFC , Titagarh Rail Stocks: As 2025 nears its end, railway stocks are back in the headlines. Investors are buying shares of railway companies which were struggling throughout the year. Shares of IRFC, RVNL, IRCTC, Jupiter Wagons, RailTel, Texmaco Rail and Titagarh Rail rose sharply this week. Buyers…
