Defense stocks slip despite Finance Minister sets defence outlay at Rs 4.56 lakh crore
Shares of companies related to Defense slipped even after defense outlay has been set at Rs 4.56 lakh crore, compared to Rs 4.55 lakh crore previously.
Paras Defence And Space Technologies is currently trading at Rs. 1310.00, down by 61.55 points or 4.49% from its previous closing of Rs. 1371.55 on the BSE. The scrip opened at Rs. 1399.00 and has touched a high and low of Rs. 1429.90 and Rs. 1303.00 respectively. So far 18733 shares were traded on the counter.
Hindustan Aeronautics is currently trading at Rs. 4834.70, down by 162.85 points or 3.26% from its previous closing of Rs. 4997.55 on the BSE. The scrip opened at Rs. 5047.55 and has touched a high and low of Rs. 5069.50 and Rs. 4507.00 respectively. So far 413137 shares were traded on the counter.
Bharat Dynamics is currently trading at Rs. 1450.00, down by 43.60 points or 2.92% from its previous closing of Rs. 1493.60 on the BSE. The scrip opened at Rs. 1514.45 and has touched a high and low of Rs. 1527.45 and Rs. 1350.00 respectively. So far 110152 shares were traded on the counter.