Chandrayaan-3 Impact on Stocks: After the successful landing of Chandrayaan-3, India became the first country to land on the south pole of the Moon. With this accomplishment, Dalal Street has also reached the moon. After the accomplishment of Chandrayaan-3, people got a lot of profit from their investments in the stock market. Even now these shares are in discussion for investing in the stock market. Shares of companies playing a role in ISRO’s moon mission rose up to 12% on Thursday. Actually, investors got extra space to bet on India’s cosmic power.
This would strengthen India’s campaign ‘Make in India’ theme and open up the global rocket, launch and satellite markets for Indian players like L&T,” said Bharat Parekh of CLSA, as per the ET’s report.
Here are the stocks whose prices are up after the success of Chandrayaan-3
Paras Defense & Space Technologies
After rallying 5% the previous day, the stock opened today up more than 12%.
Centum Electronics
It rallied 14% yesterday and today hit a top with a further 10% gain.
MTAR Technologies
The company’s shares closed up 5% yesterday and climbed another 8% today.
Avantel
Today this stock was seen trading up more than 8%.
L&L
The heavyweight stock has gained nearly 3% in 2 days.
Mishra Dhatu Nigam
After rallying more than 3% the previous day, the stock was up nearly 2% today.
Bharat Electronics
Today the stock was seen trading up 2%.
Hindustan Aeronautics (HAL)
After closing yesterday up 3.6%, the stock gained another 1%.
BHEL
Shares of BEHL were trading up 1%.
Godrej Industries
Godrej Industries stock gained 7% yesterday and has since gained 3% today.
