After the success of Chandrayaan-3, these aerospace stocks rose, MTR shares rose up to 10.32 percent

Chandrayaan 3 Landing: The Vikram landing of Chandrayaan-3 was watched by the whole world. Vikram Lander had landed on the Moon's surface on the evening last day. After this, there has been a rise in the shares of companies related to aerospace and defense sectors in the early trade today. Let us tell you that India is the first country which has landed on the South Pole of the Moon.

Thu, 24 Aug 2023 02:21 PM (IST)
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After the success of Chandrayaan-3, these aerospace stocks rose, MTR shares rose up to 10.32 percent

Chandrayaan-3 mission's Vikram Lander has made a successful touchdown on the Moon. It is a matter of pride for India. India is the first country which has done this work. After Vikram Lander of Chandrayaan-3 mission, shares of companies related to aerospace and defense sectors are in the headlines today.

Today, the shares of other companies like Centum Electronics have gained almost 20 percent. Come, let's know which company's shares are trading with an edge today.

Let us tell you that today the shares related to the aerospace and defense sectors are trading fast. Shares of Centum Electronics have climbed 19.69 percent. At the same time, the share of Paras Defense and Space Technologies Limited is trading with a gain of 17.30 percent and MTAR Technologies with a gain of 10.32 percent. Apart from this, the stock of Hindustan Aeronautics Limited has also seen a gain of 2.69 percent.

According to the company's website, Centum has delivered over 200 mission-critical modules for the Chandrayaan-3 mission. After this, the shares of Astra Microwave Products were trading with a gain of 2.63 percent. Larsen & Toubro Company has also contributed to the Chandrayaan-3 mission. The company's shares are trading up by 1.82 percent. Apart from this, shares of Bharat Forge have gone up by 1.63 percent.

Shares of many of these companies soared to their 52-week highs during morning trading. Let us tell you that on Wednesday also there was a jump in the shares of companies related to the aerospace and defense sector.

Today the BSE Sensex is trading at 65,836.13, up 402.83 points.

With the soft landing narrative of the US economy boosting sentiments globally and the successful soft landing of Chandrayaan-3 on the Moon, the near-term market outlook is clearly positive, said V K Vijayakumar, chief investment strategist at Geojit Financial Services. It is done.

India's moon mission Chandrayaan-3 landed on the south pole of the moon at 6.04 pm on Wednesday. India became the first country to land on the uncharted surface. Last month in July, Chandrayaan-3 was launched from Sri Harikota.

Muskan Kumawat Journalist & Writer