You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

Defence stocks in demand

Capital Market 

Shares of six defence equipment companies rose by 0.19% to 2.33% at 12:08 IST on BSE after the government allocated Rs 3 lakh crore for defence budget.

Bharat Electronics (up 2.33%), BEML (up 1.78%), Reliance Naval and Engineering (up 1.01%), Larsen & Toubro (up 0.96%), Bharat Forge (up 0.5%) and Premier Explosives (up 0.19%), edged higher.

The S&P BSE Sensex was up 128.40 points, or 0.35% at 36,385.09.

Additional funds will be provided if needed for border security, Finance Minister Piyush Goyal said in the interim budget 2019-20.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 01 2019. 12:05 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU