In the first four trading days of the week, the combined market capitalisation of a group of 13 space-related stocks has skyrocketed by over Rs 30,700 crore. Shares of the little-known smallcap company Centum Electronics, which supplied critical modules and systems to ISRO for Chandrayaan-3, have zoomed 26% in the week.
Private sector contribution to Chandrayaan-3 mission orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
A number of private companies have contributed to the development of ISRO s Chandrayaan-3 spacecraft which successfully landed near the south pole of the Moon on Wednesday evening.
Paras Defence and Space Technologies, which specialises in defence and space optics, defence electronics, heavy engineering, etc. supplied the navigation system for Chandrayaan-3. After a 5% rally yesterday, the stock was up over 12% today.
Shares of companies related to aerospace and defence sectors continued to remain in the limelight on Thursday, with firms such as Centum Electronics rallying nearly 20 per cent, after the successful touchdown of