The defence sector displayed mixed trends in early trade on November 29, 2024. Apollo Micro and Mazdock led the gainers, while GRSE and BDL were among the laggards. Here’s a detailed breakdown of the key stocks as of 10:36 AM:
Stock Highlights:
Apollo Micro Systems:
Apollo Micro Systems advanced 2.53%, gaining ₹2.44 to trade at ₹98.75, leading the sector in early trade.
Mazagon Dock Shipbuilders (Mazdock):
Mazdock climbed 2.48%, adding ₹112.05 to trade at ₹4,633.60, supported by robust buying.
Bharat Electronics Limited (BEL):
BEL gained 0.90%, up ₹2.75 to trade at ₹308.50, maintaining its positive momentum.
BEML:
BEML added 0.49%, gaining ₹21.05 to trade at ₹4,290.00.
Zen Technologies:
Zen Tech rose 0.22%, adding ₹4.15 to trade at ₹1,896.55.
Data Patterns:
Data Patterns edged higher by 0.20%, gaining ₹5.05 to trade at ₹2,471.85.
Hindustan Aeronautics Limited (HAL):
HAL traded positively, up 0.21%, gaining ₹9.20 to trade at ₹4,476.05.
Laggards:
Astra Microwave:
Astra Micro dipped 0.18%, losing ₹1.40 to trade at ₹774.15.
Avantel:
Avantel was down 0.40%, losing ₹0.63 to trade at ₹156.65.
Cochin Shipyard:
Cochin Shipyard fell 0.46%, losing ₹7.25 to trade at ₹1,572.00.
Solar Industries:
Solar Industries declined 0.77%, shedding ₹83.50 to trade at ₹10,809.85.
Paras Defence:
Paras Defence dropped 1.01%, losing ₹10.90 to trade at ₹1,070.55.
Bharat Dynamics Limited (BDL):
BDL declined 2.05%, shedding ₹23.95 to trade at ₹1,146.00.
Garden Reach Shipbuilders & Engineers (GRSE):
GRSE fell 2.11%, losing ₹36.30 to trade at ₹1,685.05.
The defence sector reflected a mix of gains and losses, with selective buying interest in certain stocks. Investors remain focused on key developments in the sector.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a financial advisor before making investment decisions.