Shares of Defense Equipment and Manufacturers zoomed after media reports said that the government is likely to hike foreign direct investment in the defense sector from 26% to 100%.
Shares of Astra Microwave Products surged 19.9% to Rs 111.6 on the BSE. The stock opened at Rs 103, touched a high of Rs 111.6 and a low of Rs 98.6 on the BSE. Over 14,056,042 shares were traded on both the stock exchanges so far.
Shares of Walchandnagar Industries rose 9.9% to Rs 100.9 on the BSE. The stock opened at Rs 98, touched a high of Rs 100.9 and a low of Rs 98 on the BSE. Over 1,486,424 shares were traded on both the stock exchanges so far.
Shares of BEML appreciated 6.8% to Rs 652 on the BSE. The stock opened at Rs 650, touched a high of Rs 677.5 and a low of Rs 645.5 on the BSE. Over 2,292,493 shares were traded on both the stock exchanges so far.
Shares of Dynamatic Technologies jumped 5% to Rs 995 on the BSE. The stock opened at Rs 980, touched a high of Rs 995 and a low of Rs 980 on the BSE. Over 151,021 shares were traded on both the stock exchanges so far.
Shares of Pipavav Defense and offshore engineering soared 4.9% to Rs 67.6 on the BSE. The stock opened at Rs 67, touched a high of Rs 67.6 and a low of Rs 66 on the BSE. Over 12,225,169 shares were traded on both the stock exchanges so far.
