All eyes on Chandrayaan-3: These 5 D-Street stocks have been part of India's space odyssey
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Eye on Moon
Chandrayaan 3's soft landing on the Moon this evening is being tracked with bated breath by the entire country. But what's the business aspect of it?
There are certain listed companies that are members of the Indian Space Association. Its listed members include names like L&T, MapmyIndia, Nelco, Bharti Airtel, and smallcap firm Walchandnagar Industries
There are certain listed companies that are members of the Indian Space Association. Its listed members include names like L&T, MapmyIndia, Nelco, Bharti Airtel, and smallcap firm Walchandnagar Industries
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L&T
L&T has a 5-decade long relation with ISRO. The company has manufactured subsystems for Chandrayaan-3, as well as part of mission tracking.
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MTAR Tech
This midcap firm manufactured core parts of Chandrayaan-2 rocket engines and pumps. It has also done this work for Chandrayaan-3.
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Centrum Electronics
This smallcap company has made 300-500 components for Indian Space Mission over its entire history.
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HAL
This PSU player provided mechanical structure and equipment panels in previous missions.
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Sundaram Fasteners
This company provides fasteners and has been associated with ISRO for a long time.