Akash is one of the missiles under India’s Integrated Guided Missile Development Programme (IGMDP) being manufactured by Bharat Dynamics Limited (BDL), both for the Indian Army and the Indian Air Force.
The government looks to raise Rs 90,000 crore from the sale of its 53 per cent stake in BPCL. But it will be able to raise just Rs 40,000 crore for its stake, according to the present market capitalisation
HUDCO, HAL, SAIL India and Mishra Dhatu were the major gainers from the S&P BSE PSU index and were up in the range of 2 per cent to 8 per cent on BSE. S&P PSU index on BSE was trading higher at 5,071.71
Share price of Hindustan Aeronautics rose 10.03
percent at Rs 576, Bharat Electronics gained 5.54 percent to Rs 71.5,
Mishra Dhatu Nigam up 7.23 percent at Rs 224.65 and Bharat Dynamics
gained 4.72 percent at Rs 250.9