support@headlinenews360.com
Increasing stress between Iran and Israel has created panic globally. Apart from this, now the situation has become more serious after America’s active participation. The effect of this development is clearly visible not only at the geopolitical level but also on the stock markets, especially on the shares of companies connected with the defense sector.
In India too, on Monday, June 23, investors will keep a special eye on defense stocks. In this context, discussion in the market has intensified about two major companies, Hindustan Aeronautics Limited (HAL) and Paras Defense and Space Technologies."text-align: justify;"> hal, India’s indigenous defense engine
Hindustan Aeronautics Limited (HAL) is a strong pillar of Indian defense production. The company plays an important role in the design, construction, repair and upgrading of fighter aircraft, helicopters, engines, avionics and aerospace structures. Made by HAL & lsquo; Tejas & rsquo; Such as fighter aircraft, & lsquo; fierce & rsquo; Platforms such as Light Combat Helicopter and Advanced Light Helicopter symbolize the country’s military strength.
HAL also has cooperation with Israel’s leading aerospace company Israel Aerospace Industries. The two companies work together to convert civil aircraft into military aircraft. Also, their joint project is going on on drone technology and aircraft modification. According to recent reports, HAL also exports some advance equipment to Israel, although its figures are not made public.
Share performance
On Friday, June 20, HAL shares closed at Rs 4,971.95, which shows a rise of 1.46 percent. In the last 5 years, this stock has given a tremendous return of 1,297 per cent, which has made a profit of about Rs 4,600 per share.
Strategic alliance with Israel
Paras Defense and Space Technologies are a new but fast emerging company in India’s defense and space sector. This company works in the fields of optics, electronics and heavy engineering and its products also include Electro-optics/infrared payloads.
The company’s two major Israeli companies, Controp Precision Technologies and Heven Drones Ltd. Is partnership with It is developing the EO/IR system of the defense sector with Controp, while combining with Heven Drones is creating hydrogen-operated logistics drones in India. This initiative & lsquo; Make in India & rsquo; It is being done under India’s technical self -sufficiency is considered a major initiative.
Share performance
Paras Defense shares closed at Rs 1,654.45 with a gain of 1.32 per cent on Friday. In the last 5 years, this company has given a return of 248 per cent, which made investors a profit of about Rs 1,179 per share.
What does this movement matter to investors?
Security needs are increasing internationally due to Iran-Israeli conflict, due to which the defense sector is likely to get support. Companies like HAL and Paras Defense of India, which are already in technical and business alliances with Israel, can see the direct impact of this geopolitical movement on their stocks. These companies are currently able to keep an eye on for investors, especially when both defense budget and international cooperation are moving fast.
disclaimer: (Here information provided is being provided here only. It is necessary to tell here that the investment market in the market is subject to risks. Always consult the expert before investing as an investor. Never is advised to invest money from Abplive.com."text-align: justify;"> Read also: 3 crore funds have to be made through SIP, know how long and how much will you have to invest
(tagstotranslate) Iran israel war
Source link
