DEFENCE EXPERT DHRUV KATOCH
Code of war: India and Pakistan take their battle to the (web)front
Following the Pahalgam terror attack, India and Pakistan's tensions have escalated into cyberspace, marked by intensified cyberattacks from both sides. Pakistan-sponsored hacker groups target Indian military websites and databases, employing tactics like website defacement and phishing malware.
$163-billion US budget cut plan: Education, housing to be hit
Donald Trump's administration plans significant federal budget changes. The proposal includes a $163 billion cut, impacting education and housing. Defence and border security spending will increase. Non-defence discretionary spending faces a 23% reduction. The budget aims to fulfil Trump's promises on border security. Tax cuts extension could add $5 trillion to the national debt. Democrats criticise the cuts as severe.
Defence stocks: Better to own one or two, or a whole basket? 18 stocks from the defence ecosystem
Given the evolving situation at the India-Pakistan border, defence stocks are again in the limelight. In the last 10 years, the government’s defence policy has been focused on indigenous production and supply chains. That policy push has meant that there are many private companies in the defence space that have grown in size. It is likely that, even if we don't see a flare-up at the border, the underlying tensions will continue; and that means the defence policy push will continue as is. But rather than focusing on one or two stocks, it is perhaps better to own a whole bucket of stocks.
Cochin Shipyard shares slip 3% as defence rally pauses after geopolitical-fuelled surge
Cochin Shipyard shares declined, mirroring a broader retreat in defence stocks after a rally fueled by geopolitical tensions. Investors booked profits following a sharp run-up in recent sessions, impacting other defence companies like Garden Reach Shipbuilders.
Sensex rises! These stocks are up over 15% on BSE
In the Nifty50 index, 32 stocks were trading in the green, while 18 stocks were in the red.
Sensex rises! But these stocks are down 5% or more on BSE
In the Nifty pack, 33 stocks were trading in the green, while 17 stocks were trading in the red.
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HAL shares rise 2% after Army, Air Force versions of ALH Dhruv helicopters cleared for operations
Hindustan Aeronautics Ltd (HAL) shares are in focus as Army and Air Force variants of ALH Dhruv helicopters, previously grounded, have been cleared for operations following a Defect Investigation Committee's recommendations. This clearance follows the grounding of the entire fleet after a Coast Guard incident in January.
Paras Defence shares in focus after Q4 profit surges 97% YoY; board approves stock split
Paras Defence posted a stellar Q4FY25, with net profit soaring 97% YoY to Rs 19.7 crore and revenue up 36% to Rs 108.2 crore. EBITDA surged over 7x, and margins expanded sharply. The company also announced a stock split and inked a key drone tech deal with Israel's MicroCon Vision, further boosting its presence in defence and ISR technologies.
Army, Air Force versions of ALH Dhruv fleet cleared for operations
The government has permitted the Army and Air Force to resume Advanced Light Helicopter Dhruv operations. This decision follows a grounding order issued in January after a Coast Guard Dhruv helicopter crash in Gujarat. The naval version of the Dhruv will remain grounded. Over 340 Dhruv helicopters have been produced by Hindustan Aeronautics Limited.
Defence stocks rally up to 20% after Pakistan says Indian military incursion is imminent
Shares of Indian defence companies surged up to 20% on April 29 after Pakistan’s Defence Minister warned of an imminent Indian military incursion following the Pahalgam terror attack. Defence stocks like Paras Defence, GRSE, and Data Patterns led gains. Meanwhile, India downgraded ties with Pakistan and banned over a dozen Pakistani YouTube channels for sharing provocative content.
Karnataka tech CEO, wife, and son found dead in US home; former colleague mourns 'tragic loss'
While official investigations are underway, the news has sent waves of grief and disbelief through those who knew the couple. Stafford Michahial, Group CTO at PRS Neurosciences and former Deputy CTO at Holosuit, the company Kikkeri founded, shared a tribute with ET, highlighting the profound loss felt by those close to the family.
MFs, FIIs load up defence stocks in Q4. Time for retail to act amid Indo-Pak tensions?
Amidst rising India-Pakistan tensions, defence stocks have surged, attracting heightened investor interest. Mutual funds increased holdings in 11 of 18 Nifty India Defence Index stocks in the March quarter, with BEML, Solar Industries, and MTAR Technologies leading the pack. While FIIs also increased stakes in several defence companies, some stocks experienced profit booking and selling pressure.
Paras Defence announces 1:2 stock split along with Q4 results, final dividend
Paras Defence has declared a 1:2 stock split and its first-ever dividend of Rs 0.50 per share. The company’s Q4 FY25 net profit surged 117% year-on-year to Rs 20.83 crore, with revenue rising nearly 36% to Rs 108.23 crore.
Short-term geopolitical jitters may pause market, but earnings will regain focus: Nischal Maheshwari
Market expert Nischal Maheshwari suggests the market might pause briefly. It will then focus on earnings. Defence stocks are gaining traction due to order wins and positive sentiment. Maheshwari advises caution on defence stocks for long-term investments. He believes the market isn't currently pricing in a major geopolitical escalation. Historically, markets have shown resilience after initial reactions to geopolitical events.
HAL, GRSE and other defence stocks fall up to 5% on profit booking amid India-Pakistan tensions
Shares of Hindustan Aeronautics (HAL), Garden Reach Shipbuilders & Engineers (GRSE), Data Patterns, Cochin Shipyard, and others saw declines of up to 5.2% during the session. GRSE led the losses with a drop of 5.2%, followed by Data Patterns (-4.5%) and HAL (-3.1%).
MatchLog partners with Maersk for landside equipment optimisation in India
Mumbai-based MatchLog Solutions is aiming to create a sustainable ecosystem in the shipping industry through its container reuse platform.
Paras Defence shares rise 40% in 3 days ahead of stock split, Q4 results announcement today
Paras Defence shares have jumped 40.5% in just three days ahead of its Q4FY25 results and a potential stock split, both set to be announced today. The rally is also supported by rising India-Pakistan tensions post the Pahalgam attack and progress on the Rs 63,000 crore Rafale-M jet deal. This will be the company’s first-ever stock split and dividend announcement.
Russia built 'surprises' in S-400 air defence missile systems supplied to China
Russia reportedly delivered its advanced S-400 missile systems to China. However, these systems came with unexpected limitations. Chinese analysts noted the systems' infrequent public appearances. They suspected Russia provided a simplified version, blocking advanced functions. This move aimed to protect Russian technology and limit foreign competition.
RR vs GT Playing 11: Will Rajasthan Royals make sweeping changes even as Gujarat Titans aim to extend positive head to head record?
Rajasthan Royals, struggling with five consecutive losses and inconsistent batting, host the Gujarat Titans. GT, in contrast, have had a strong season, sitting second in the table with a potent top order and impressive bowling attack. A victory for Gujarat Titans would propel them to the top spot, while Rajasthan Royals are desperate to end their losing streak.
Defence stocks: In the short term it’s an event, in the long term a trend: 9 defence stocks with upside potential of up to 32%
With tensions flaring up again between India and Pakistan, did you notice that it is naval moves that are making news, with missiles being fired from ships? Yes, the air force is also undertaking exercises, but somehow it is the navy that is visibly more active. Now, all this is a short-term reaction. The long-term reality is that if India is to become an economic super power, it needs much better defence capabilities. And these should not be dependent on foreign countries. Now, defence capabilities cannot be built overnight. So, ignore the short-term events and focus on defence as a long-term trend.
HAL, GRSE, other defence stocks rally up to 11% amid India-Pakistan tensions, Rafale deal announcement
Shares of defence-related companies like Paras Defence, Garden Reach Shipbuilders, Data Patterns, Cochin Shipyard, Mazagon Dock Shipbuilders, and Hindustan Aeronautics rallied on Monday, amid heightened tensions at the Line of Control (LoC) following the recent Pahalgam terror attack and multiple ceasefire violations over the weekend.
India-Pakistan tensions: How defence stocks are performing and what investors should do
Amid India-Pakistan tensions, the spotlight is on defence stocks, though market enthusiasm remains muted. Analysts suggest companies with strong financials and alignment with national defence objectives stand to benefit. While some stocks like Bharat Dynamics and Mazagon Dock Shipbuilders have performed well, valuations appear high, advising caution for new investors and suggesting a wait for better entry points.
Paras Defence shares zoom 8% as board to consider stock split on April 30
Paras Defence and Space Technologies surged 7.8% after announcing a board meeting on April 30 to consider its first-ever stock split and dividend declaration alongside Q4 results. No further details were disclosed. The stock has rallied over 50% in the past year, with strong gains across six months, three months, and one month periods.
"Pakistan firing at LoC to divert attention of Indian Army...": Defence expert
Defence Expert DS Dhillon suggests that recent firing by the Pakistan Army along the LoC is a diversionary tactic, potentially aimed at evacuating personnel. This action coincides with heightened activity by the Indian Army and government, making it difficult for these individuals to find safe haven. The Indian Army retaliated effectively to the firing, with no reported casualties.
India, Saudi Arabia hold Inaugural Army-to-Army Staff Talks, with focus on defence cooperation
The Indian Army and the Royal Saudi Land Forces convened in New Delhi for inaugural staff talks, solidifying defence cooperation through the Annual Defence Cooperation Plan. Discussions centered on Joint Exercise Sada Tanseeq, military training, and collaborative efforts in operational logistics. Both sides explored collaboration in battlefield management systems and niche technologies, enhancing interoperability and capability development.
IPL: RCB beat RR by 11 runs
Josh Hazlewood's impressive four-wicket haul propelled Royal Challengers Bengaluru to a crucial 11-run victory over Rajasthan Royals in their IPL encounter. Despite Yashasvi Jaiswal and Dhruv Jurel's valiant efforts, RR fell short of the 206-run target, succumbing to their fifth consecutive defeat. Earlier, Virat Kohli and Devdutt Padikkal's scintillating fifties powered RCB to a formidable total of 205 for 5.
Aero-engine development priority area of government: Rajnath Singh
Defence Minister Rajnath Singh emphasized the government's commitment to indigenous aero-engine development for the IAF, prioritizing co-development and co-production with full intellectual property rights. He highlighted the shifting geo-strategic landscape and its impact on India's national security, stressing the need for 'atmanirbharta' in the defence sector.
Army gives limited permission for grounded ALH Dhruv choppers for counter-terror ops in Srinagar, adjoining areas
Amidst rising security concerns following the Pahalgam terrorist attack, the Indian Army has permitted limited operations of its ALH Dhruv choppers in Srinagar to aid counter-terror efforts, despite their recent grounding.
Tahawwur Rana can reveal real mastermind behind 2008 Mumbai terror attacks: Ajit Pawar
Tahawwur Rana's arrest has sparked hope for uncovering the "real" mastermind behind the 2008 Mumbai terror attacks, according to Maharashtra Deputy CM Ajit Pawar. Rana, now in NIA custody for 18 days, will be questioned extensively about the conspiracy.
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