The domestic brokerage said the nearly 60 per cent year-on-year (YoY) increase in the "other equipment" bucket within FY27 capital expenditure indicates a shift towards missiles, radars, electronic warfare (EW) and ammunition.
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Besides new production, HAL's Nashik facility is expected to play a key role in a major upgrade of the existing Su-30MKI fleet.
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India’s ambition to become a global manufacturing powerhouse is accelerating, with the automobile industry at the centre of this transformation. In this #IndiaAt100 session, Hisashi Takeuchi, MD & CEO, Maruti Suzuki India, discusses how manufacturing can drive India’s next phase of growth. From loca
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For Nuvama, Kaynes Tech’s Q1 print was a mixed bag. It noted that Kaynes' profit fell 24 per cent YoY, which was 7 per cent below its estimate, led by lower other income and higher tax rate.
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