Hot Pursuit     23-Jul-24
Aerospace shares advance on Rs 1,000-cr boost for space economy by Govt
Shares of aerospace companies gained after the Finance Minister announced a capital boost of Rs 1000 crore for space economy, with the govt’s continued emphasis on expanding it by 5 times in the next ten years.
MTAR Technologies (up 1.60%), Zen Technologies (up 1.42%), Paras Defence and Space Technologies (up 0.98%), Centum Electronics (up 0.96%), Hindustan Aeronautics (up 0.15%), Apollo Micro Systems (up 0.13%) advanced.

The Finance Minister stated that there will be a continued emphasis on expanding the space economy by five times over the next 10 years. To support this goal, a venture capital fund of Rs 1,000 crore will be established.

Finance Minister, Nirmala Sitharaman is presenting the first Union Budget of the Modi 3.0 government and her 7th consecutive one during the Monsoon Session of Parliament.

Previous News
  Apollo Micro Systems rises after bagging orders worth Rs 510.25 crore
 ( Hot Pursuit - 08-May-26   13:26 )
  Zen Technologies unveils suite of new products and defence tech solutions
 ( Corporate News - 07-May-26   09:34 )
  MTAR Technologies to announce Quarterly Result
 ( Corporate News - 06-May-26   17:26 )
  Zen Technologies Ltd leads losers in 'A' group
 ( Hot Pursuit - 04-May-26   15:00 )
  ZEN Technologies posts nearly 69% YoY fall in Q4 PAT
 ( Hot Pursuit - 02-May-26   11:29 )
  Zen Technologies to conduct AGM
 ( Corporate News - 02-May-26   10:11 )
  Board of Zen Technologies recommends final dividend
 ( Corporate News - 02-May-26   10:11 )
  Zen Technologies consolidated net profit declines 68.80% in the March 2026 quarter
 ( Results - Announcements 02-May-26   07:28 )
  MTAR Tech surges after strong results from key client Bloom Energy
 ( Hot Pursuit - 30-Apr-26   14:52 )
  Cemindia Projects Ltd leads gainers in 'A' group
 ( Hot Pursuit - 30-Apr-26   12:00 )
  Zen Technologies to announce Quarterly Result
 ( Corporate News - 24-Apr-26   11:32 )
Other Stories
  Bharat Forge inks long-term pact with Embraer to supply aerospace components
  12-May-26   07:33
  JSW Energy Q4 PAT jumps 38% YoY to Rs 574 cr
  11-May-26   17:56
  Heritage Foods Q4 PAT slides 37% YoY to Rs 24 cr
  11-May-26   16:59
  Afcons Infrastructure emerges as lowest bidder for €677 million railway project in Europe
  11-May-26   16:00
  Affle 3I surges after Q4 PAT jumps 16% YoY to Rs 119 cr
  11-May-26   15:51
  Texmaco Rail & Engineering secures Rs 28-cr order from Hindalco Industries
  11-May-26   15:25
  D. B. Corp gains after Q4 PAT rises 19% YoY to Rs 62 cr
  11-May-26   15:07
  Urban Company tumbles after Q4 net loss widens to Rs 161 cr
  11-May-26   15:01
  Jyothy Labs Ltd leads losers in 'A' group
  11-May-26   15:00
  Sika Interplant Systems Ltd leads losers in 'B' group
  11-May-26   14:45
Back Top