L&T, MTAR: Chandrayaan-3 component makers reach for the sky at the bourses

India became the first country to land a spacecraft near the moon's south pole with Chandrayaan-3

As India successfully landed Chandrayaan-3 near the moon's south pole on Wednesday, becoming the first country in the world to achieve the feat, analysts see shares of the companies that supplied components for the lunar mission, reaching for the moon too.

The successful landing of Chandrayaan-3, they believe, will give a fillip to these companies, providing them a launchpad to skyrocket into the global space market.

"The revenue from this mission might be nominal; but by successfully participating in this critical mission, these companies have showcased their sophisticated technology and strong leadership with zero tolerance towards error. With this, they