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DEFENCE SHIPYARDS
GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker?GRSE shares surged nearly 5% after the defence PSU was granted Navratna status, boosting investor sentiment. The status allows greater fina...- Will Nifty hit 25,000 this month? Key levels to watch in the week aheadNifty eyes a potential up move, with immediate targets at 24,300–24,600, though a dash to 25,000 this month appears uncertain. The IT index...
- Warship-maker GRSE conferred 'Navratna' status; defining moment for company, says CMDDefence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has achieved 'Navratna' status, a significant recognition of its consistent ...
- ICG inducts indigenously constructed hovercraft, bolsters maritime capabilitiesIndia's Coast Guard has inducted its first indigenous hovercraft, H-561. This air cushion vehicle enhances maritime duties and response cap...
- Defence stocks fire up! Paras Defence, BEL, GRSE, other stocks surge up to 24% in 2 days. What's powering the rally?Defence stocks extended their rally for a second straight session, with Paras Defence surging 24% in two days and BEL, GRSE, HAL, and other...
- Rappid Valves secures Rs 29.86 crore strategic defence & naval ordersRappid Valves (India), a precision-engineered industrial and marine valve manufacturer, has secured strategic orders aggregating INR 29.86 ...
- Rekise Marine raises $9.7 million from Accel, NKSquared to build autonomous naval platformsBengaluru-based Rekise Marine secured $9.7 million from Accel and NKSquared. The funding will accelerate the development of autonomous ship...
- Indian Navy expands blue-water capability with 5 new indigenous vesselsThe Indian Navy is set to significantly bolster its maritime security with the induction of five indigenously built platforms this month. T...
- AUKUS deal streamlined: Australia to receive used US nuclear powered submarines for cost-effectivenessAustralia will now receive three used Virginia-class nuclear-powered submarines from the United States. This change streamlines the AUKUS s...
- Kolkata-based Defence PSU GRSE lays keel for 4th vessel in German MPV projectGarden Reach Shipbuilders and Engineers in Kolkata has laid the keel for the fourth multi-purpose vessel. This is part of a large order for...
- Ship-building scheme gets 12 applications seeking incentivesThe scheme, launched last September, aims to make domestic shipyards more competitive by bridging the cost arbitrage with foreign rivals in...
- 45 warships will be delivered in 3-4 years, approval given for 195 naval vessels: Vice Admiral Sanjay VatsyanThe Indian Navy has said around 45 ships are currently under construction in the country and will be delivered over the next 3–4 years, sig...
- Cochin Shipyard shares fall over 7% after Q4 net profit, revenue decline YoYCochin Shipyard's shares dipped following mixed March quarter results. While revenue and net profit saw a year-on-year decline, the company...
- Sandip Sabharwal remains bullish on FMCG, retail and defence themesIndian equity markets are poised for a potential rally driven by strong corporate earnings and resilient consumer demand, according to mark...
- Bharat Khera assumes charge as MSME SecretaryWith over three decades of administrative experience, he previously served in key roles at the Centre, including in the Ministry of Defence...
- Nifty expected to oscillate between 23,400 and 24,500: AnalystsTechnical analysts suggest the Nifty is entering a consolidation phase rather than a reversal, with key support zones expected to hold. Ana...
- India to get German submarines soon: Check key features and capabilities of TKMS Type 214 submarines to be acquired under $8 billionIndia is set to acquire advanced Type 214 submarines from Germany. Defence ministers from both nations visited a submarine facility, highli...
- Rajnath Singh tours TKMS shipyard, inspects Type 212 submarine in GermanyDefence Minister Rajnath Singh visited Germany, touring a submarine shipyard. India and Germany signed key defence cooperation agreements. ...
- Top stock picks for 2026: Defence, banks, power, and infra on Ambareesh Baliga's radarMarket analyst Ambareesh Baliga suggests a stock portfolio for the next one to five years. He highlights defence stocks like Mazagon Dock a...
- India-South Korea shipbuilding collaboration to receive mega boost from Presidential visit next weekSouth Korean President Lee Jae Myung visits India from April 19-21. The visit prioritizes shipbuilding, especially LNG tankers, under the '...
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