Chandrayan 3 Related Stocks: With the successful landing of India’s mission Chandrayaan 3 on the moon, where the whole country is giddy, its effect is also being seen on the movement of the country’s stock market. Due to the resounding success of Chandrayaan, there was bound to be a huge jump in the shares of the companies that were involved in this mission and the same is being seen today. Since the successful landing of Chandrayaan 3 on the moon took place after the closing of the market yesterday, today its effect is being seen in the shares of the companies associated with it and green growth is visible in them.
There are many companies that are involved in the construction of Chandrayaan, its maintenance and other manufacturing activities and many companies have also been involved in its technical support. The shares of these companies are continuously rising and today they are showing tremendous momentum. Learn what amazing trade is going on in the shares related to Chandrayaan 3-
Hindustan Aeronautics Limited (HAL)
Hindustan Aeronautics Limited has a big hand in making Vikram Lander of Chandrayaan-3 and for this reason the shares of this company are seeing a boom. HAL shares are trading at Rs 4,057.20 per share on the NSE, up by Rs 26.10 or 0.65 per cent. Apart from this, this share is available on BSE at Rs 4060 per share with a gain of Rs 45 or 1.12 per cent.
Larsen & Toubro (L&T)
Private engineering company L&T has made a major contribution in preparing the booster and subsystem for the mission. This is a high value stock and today it is trading with an increase of about 1.5 per cent. L&T shares are trading at Rs 2,756.15 per share, up by Rs 38.55 or 1.42 per cent on the NSE. At the same time, L&T stock is trading at Rs 2758.20 per share on BSE with a gain of Rs 40.75 or 1.50 per cent.
Centum Electronics Limited
Centum Electronics Limited contributed to the designing and manufacturing of Chandrayaan 3’s systems. A bang is being seen in its shares today. Shares of Centum Electronics Limited are trading at Rs 1,798.05 on BSE with a gain of Rs 152.25 or 9.25 per cent. Apart from this, it is getting Rs 1795.05 per share on the NSE, up by Rs 151.60 or 9.22 per cent.
MATR Technologies has a major hand in the manufacturing of Chandrayaan 3’s rocket engine and core pump. Trading in its shares was closed yesterday also at a gain of more than 4 percent and today this stock has jumped by about 7.5 percent. MATR Tech’s stock on NSE is trading at Rs 2387 per share, up by Rs 167.10 or 7.53 per cent.
Paras Defense & Space Technologies Ltd.
Paras Defense has helped develop and build the navigation system of Chandrayaan 3. Today its shares are trading with a jump of more than 11 per cent. Paras Defense is trading at Rs 799.85 per share on the NSE, up by Rs 82.25 or 11.46 per cent.
Kerala State Electronics Development Corporation (Kelton Tech Solutions Ltd)
Kerala State Electronics Development Corporation i.e. Keltron has developed Chandrayaan 3’s electronic power module and test and evolution system and its stock is seeing a good boom today. The stock is trading at Rs 84.10 on the NSE, up Rs 4.40 or 5.52 per cent. Keltron shares are trading at Rs 83.80 per share on the BSE today, up by Rs 4.14 or 5.20 per cent.
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