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The startup also has a machine learning platform to mine actionable insights from data. On the start-up’s board of directors, sits the Solar Group, a major space and defence supplier. Other notable investors include former WhatsApp global business chief Neeraj Arora, and Myntra and CureFit founder Mukesh Bansal. Founded in 2016, Agnikul Cosmos is an IIT Madras incubated space tech start-up currently working on developing its own small-lift launch vehicle called Agnibaan, capable of placing a 100 kg payload into a 700 km orbit. India’s largest broker Zerodha expects its revenue and profit to have expanded by a fifth in the fiscal year ending March 2023.

Foreign Portfolio Investor Ahan-I sells a 1.58% stake (1.8 crore shares) in Biocon for Rs 379.9 crore in a bulk deal. In another deal, Integrated Core Strategies sells 0.54% and 0.72% stakes in Delhivery and Jindal Stainless respectively for more than Rs 100 crore each. ICICI Securities maintains its ‘Buy’ rating on Century Plyboard with a target price of Rs 758, implying an upside of 60.6%. The brokerage expects the firm to benefit from the higher spending on home improvements and the uptick in housing demand after the pandemic.

The price-earnings ratio is a company’s share price to the company’s Earnings per Share. The ratio is used for evaluating companies and to find out whether they are overvalued or undervalued. The price-to-book ratio is a company’s current market price to its Book Value.

Ongoing Projects

Yes, Agnibaan doesn’t fly with the same number of engines all the time. The mission, the satellite and the launch port decide how many engines go on the first stage. Companies that were building rockets, launch vehicles and satellites, with the latest technology and all at a fraction of the cost. This resupply mission marked the first flight of the upgraded Antares 230 vehicle, and the first launch from Wallops since an Antares rocket and its Cygnus resupply vehicle were lost seconds after lift-off in October 2014. Raj Lakha, CEO of Growmore, commented, “We are delighted to partner with Black Sunrise Fund, with its dynamic and unique plans for green energy and social impact in the U.S.


Yes, you can buy Rocket Lab USA Inc shares in India by simply opening an account with Scripbox. Yes, you can buy fractional shares of Terran Orbital Corp with Scripbox. Yes, you can buy Terran Orbital Corp shares in India by simply opening an account with Scripbox. Your ability to comment is currently suspended due to negative user reports.

BoB Surges 5% As Business Surpasses Rs 21 Trillion Milestone in Q4

SpiceJet is up more than 3% despite the market trading in the red. The company’s CEO, Ajay Singh, says that the airline is restructuring its balance sheet and has robust plans for fleet expansion. The airline will also maintain its cargo fleet as the cargo business has helped the airline pay off its liabilities.

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As on 10th Apr 2023, the P/E how to pay somebody’s cell phone bill on my cell phone for Rocket Lab USA Inc shares is null. World-class wealth management using science, data and technology, leveraged by our experience, and human touch. As on 11th Apr 2023, the P/E ratio for Terran Orbital Corp shares is null. Outer Orbital Energy Private Limited is majorly in Manufacturing business and currently, company operations are active.

The Black Sunrise Fund is headed by two experienced and talented entrepreneurs, namely Brandon Martin and Akon Thiam, who have a solid track record in renewable energy. Virgin Orbit successfully launched its first mission to orbit in January 2021, marking a major milestone for the company. It went on to complete four additional successful flights through 2022.

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The company has consistently aligned itself with India’s national priorities and was an early mover into sectors like hydrogen or storing power that were important for the government. Since the report, India’s opposition parties have demanded a probe into the company and questioned Prime Minister Narendra Modi’s proximity to Gautam Adani. Price to Earnings Ratio (P/E)- It compares the company’s stock price with its earnings per share. The satellite is a part of the first three technology demonstration satellites in its constellation.

It estimates the firm’s to grow at a CAGR of 16.1% over FY22-25. Reach their all-time highs of Rs 894.7 and Rs 821.6 per share respectively. KPIT has risen 3.3% over the past month, while Narayana Hrudayalaya rose 9.1% in the same period. Brent crude price falls to a 15-month low and trades at USD 71 per barrel.


The company began developing the rocket during its earlier years at Virgin Galactic, before the formal creation of its satellite-launch business. Virgin Orbit’s recent decision to cease operations is a result of a rapid decline in its business, which was punctuated by a high-profile launch failure in January and a sharp drop in its stock price. Realty stocks like Macrotech Developers, Indiabulls Real Estate, Godrej Properties, DLF and Sobha are falling in trade. The broader sectoral index BSE Realty is also trading in the red. Recognizes the huge business potential in the infrastructure space.

At its first launch, SpinLaunch said the suborbital accelerator successfully propelled a test vehicle at supersonic speeds. This prototype used only around 20% of the accelerator’s power and touched an altitude of tens of thousands of feet, the report added. And there may be benefits to opening space for other companies, said Tim Buckley, director of Australia-based Climate Energy Finance who has been tracking the Adani Group’s growth for decades. Buckley said there are other Indian companies interested in investing in renewable energy and now there could be an acceleration of India’s transition to cleaner energy. The group has a clean energy portfolio of over 20 gigawatts of renewable energy, including 10 gigawatts of solar power, accounting for about 5% of clean energy nationwide. Its renewable energy portfolio is spread across 12 Indian states and includes one of the world’s largest solar power plants in the southern state of Tamil Nadu.

GMR Hyderabad International Airport Limited has signed the concession agreement to commission, operationalize and maintain the Civilian Enclave at the Bidar Airport in North Karnataka. The agreement is signed with the Government of Karnataka under the Government of India’s Regional Connectivity – UDAN scheme aims to support efforts for all-round development Bidar and nearby regions. Emerges as the successful bidder to develop, operate and manage the new international airport at Greece. Wins first leg of arbitration of Male airport for 1.4 b USD claim. Find the ratio of the diameters of 2nd Bohr orbit to 4th Bohr orbit.

Virgin Orbit’s core business was centered around launching small satellites, which is different from Virgin Galactic’s focus on sending humans to the edge of space and back. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. – U.S. equities were lower at the close on Thursday, as losses in the Oil & Gas, Basic Materials and Technology sectors propelled shares lower. – U.S. equities were higher at the close on Friday, as gains in the Technology, Consumer Services and Consumer Goods sectors propelled shares higher. – U.S. equities were lower at the close on Friday, as losses in the Financials, Oil & Gas and Industrials sectors propelled shares lower.

Traditionally, any value under 1.0 is considered a good P/B value, indicating a potentially undervalued stock. Market cap or market capitalization is the total market value of all of a company’s outstanding shares. India is the largest emitter of planet-warming gases behind China, the U.S. and the EU, and aims to produce 450 gigawatts of renewable energy by 2030. That would require that a little more than half of India’s total installed capacity be clean by the end of the decade.

The startup has been actively developing its Vikram series of launch vehicles for the past two years. The series is named after the father of the Indian Space program – Dr Vikram Sarabhai. Similar to Agnikul, Skyroot Aerospace is building rockets for launching payloads to space. It previously raised US$ 3.1 m in May 2020 from institutional investors and a seed round of funding from Speciale Invest in 2019. The start-up recently test-fired a fully 3D printed semi-cryo rocket engine.

Industrials Stocks Moving Tuesday: XPON, BAER, LLAP, GTLS, BLDE, DFLI, LUNR, ATTO – InvestorsObserver

Industrials Stocks Moving Tuesday: XPON, BAER, LLAP, GTLS, BLDE, DFLI, LUNR, ATTO.

Posted: Tue, 14 Mar 2023 07:00:00 GMT [source]

Goldman has cut Brent crude price to USD 94 per barrel in 2023, from an earlier target of USD 100. European indices trade in the red, reacting negatively to UBS Bank’s deal with Credit Suisse. US indices futures trade in the red, indicating a negative start. Nifty Bank closed 0.6% lower, taking cues from the Dow Jones US Bank index which closed 4.67% lower on Friday. Cochin Shipyard bagged orders worth Rs 550 crores from Lysaker, Norway.

  • Click here to be notified by email when Rupes Coarse Foam Polishing Pads For Random Orbital becomes available.
  • The company made this decision after it was unable to secure additional funding.
  • Virgin Orbit’s recent decision to cease operations is a result of a rapid decline in its business, which was punctuated by a high-profile launch failure in January and a sharp drop in its stock price.
  • Following this, the Union Cabinet announced the formation of an autonomous agency, IN-SPACe , an extension of ISRO, to help private players in space-related activities and regulate private tech innovation in the space.

Largecap and midcap gainers today include Adani Green Energy Ltd . (848.65, 3.97%), Hindustan Unilever Ltd. (2,511.20, 2.61%) and Bharat Petroleum Corporation Ltd. (359.65, 2.35%). Tata Consumer Products stops negotiations regarding the acquisition of Bisleri. According to reports, Jayanti Chauhan, daughter of Bisleri International’s chairman Ramesh Chauhan, will head the company. Torrent Pharmaceuticals is falling as the US FDA issues Form 483 with one observation after conducting a pre-approval inspection at its Gujarat facility. Cochin Shipyard rises as it wins an order worth Rs 550 crore from Samskip group to design and construct two zero-emission feeder container vessels, with an option for two more vessels.

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