Companies News: Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Company News: Company Business News, Indian Companies News, Company Analysis, Corporate Industry News

Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Company Business News, Indian Companies News, Company Analysis, Corporate Industry News

defence

According to reports India is set to give preliminary approval to three mega indigenous projects worth Rs 1.4 trillion.

Business Standard

Cochin Shipyard

India can be in a "positive spot" when it comes to ship building prospects and the country should look at making niche, technologically-advanced vessels rather than large bulk carriers, according to a senior industry official.
Cochin Shipyard Ltd's Chairman and Managing Director Madhu S Nair also said that India with an all-round positivity could emerge as an alternative hub in the space for niche and medium-sized, technologically advanced vessels amid the green transition.
The general perception is that the focus should be building all those large bulk carriers or tankers for making India as a manufacturing base for ships, he pointed.
"(However), I have a slightly different perception because our current structure is not ideally suited for that. So why shouldn't we look at our strengths, which would be (to focus) a little bit more on niche vessels that have advanced technologies, alternate fuel cells, hybrid electric vessels. Not very large but medium-size vessels," he told PTI ...

Press Trust of India

Indian navy, Indian defense

Ratings agency Icra expects business opportunities worth Rs 2.75 trillion to open up for Indian defence entities during FY24 and FY25

The stock hit a new high of Rs 1,096.85, and has zoomed 98 per cent in the past three months

Markets, Sensex, Nifty, Stock markets

The S&P BSE PSU index has surged over 26 per cent so far in FY24 as compared to 11 per cent up move in the benchmark S&P BSE Sensex.

The company's Q1 net profit had soared 123.7 per cent to Rs 109.41 crore for the June 2023 quarter as against Rs 48.91 crore in the year ago period.

Stock market

Mazagon Dock Shipbuilders hit a new high of Rs 1,584, as the stock rallied 10 per cent on reports that MoD has cleared the procurement of three additional Scorpene or Kalvari class submarines.

News

Defence shares in focus; HAL hits new high, BDL, Mazagon Dock gain up to 4%

India should look at making niche, medium-sized vessels: Cochin Shipyard MD

Defense shares in focus; Cochin Shipyard, Garden Reach, MTAR gain up to 14%

Cochin Shipyard surges 15%, hits new high in weak market on strong outlook

What's behind the rally in PSU stocks, and will the uptrend last?

Cochin Shipyard hits record high, up 37% in three days post strong Q1 show

Defence stocks on roll: Mazagon Dock, BDL, Cochin Shipyard surge up to 10%