Defence supplier sees demand surge after revised budget

BEL and HAL order books expand sharply after the defence capital expenditure revision. Analysts upgrade target prices, citing multi-year revenue visibility from domestic procurement mandates.

PRISM is increasingly focusing on company-serviced and premium hospitality in India. Its company-serviced hotel network grew significantly, becoming a key business driver. These hotels contributed nearly half of India's Gross Booking Value in nine months. This shift aligns with a broader trend in

India's benchmark indices ended lower on Wednesday, as crude oil prices increased. The Nifty50 and Sensex experienced significant drops, falling below key levels. Midcap and smallcap stocks also saw declines, reflecting broad market weakness. Most sector indices ended in negative territory, except f

The broader market is facing pressure too, with the Nifty Smallcap 250 falling almost 1%, and the Nifty Midcap 150 dropping about 0.68%.

The agreement, signed at the Farnborough International Airshow 2026, aims to establish an indigenous manufacturing ecosystem for heavy-lift airships in India under the government's Aatmanirbhar Bharat and Make in India initiatives.