In a landmark development for the domestic defense sector, the stimagon dock shipbuilder (MDL) fixes the first submarines (MDL) to keep the collaboration under the Narendra Modi Government to defense and reduced dependence of foreign suppliers. It improves the country’s ability to produce advanced submarines for Indian navies. Mumbai-based MDL has a proven track record…
Mazagon Dock Shipbuilder Reported a 51% year reduction in Q4fy25 fitted net profits of Rs 325 crore posted by year ago. Company revenue from the operations of the aforementioned quarter standing at Rs 3,174 crore, obtained by 2.3% of the corresponding quarter of financial year. The Profit After Tax (PAT) Fell 60% on a sequential…
In recent months, Indian defense stocks show awesome stress and growth, aroused by the active government principle to modernize the armed forces. The Advanced Medium Apbat (AMCA) approval and the new green light for the development of stealth jet is the pivotal milestones. These initiatives seek to strengthen Indian defense capabilities and reduce foreign suppliers,…