Sensex Jumps 213 Points In 13 Space Stocks With Chandrayaan’s Soft Landing

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  • Sensex Jumps 213 Points In 13 Space Stocks With Chandrayaan’s Soft Landing

On the eve of the launch of the Chandrayaan-3 lander, the local stock market climbed for the third day in a row on Wednesday. The Sensex ended the day at 65,433, up 213 points, and the Nifty ended the day at 19,444, up 48 points. During trading, the shares of 13 space-related firms climbed. As a result, the market capitalization of enterprises producing everything from electronic components to metal gear climbed by 20,750 crores. Lindt India’s stock has risen 19% this week. These shares finished at Rs 5,948 on Wednesday, up 3.22%.

Centum Electronics donated certain essential components and systems for the Chandrayaan-3 project. This company’s stock has risen 17% this week. It finished at Rs 1,646 on Wednesday, a 14.91% increase. This week, shares of Avantel Company, a satellite communication company, have risen 10%. On Wednesday, it finished at Rs 235, a 1.34% increase.

Companies involved with Chandrayaan-3 may see more revenue in the following years. In the future, these Indian enterprises can participate in a variety of key worldwide initiatives and export their services.

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