Latest news with #AerospaceandDefence
Mint
27-07-2025
- Business
- Mint
Stock to buy: Anand Rathi predicts Apollo Micro Systems' share price to rise 25% in 3 months. Here's why
Stock to buy: Indian brokerage firm Anand Rathi Investment Services disclosed its bullish stance on Apollo Micro Systems shares, predicting a 25% upside in the upcoming three-month period. In the stock report, Anand Rathi analysts highlighted that the shares of the Aerospace and Defence equipment maker had undergone a 'significant correction' after peaking near the ₹ 221 levels. They also stated that the stock is now moving 'within its Ichimoku cloud,' aligning with the previous breakout zone. 'The stock is moving within its Ichimoku cloud, aligning with the previous breakout zone, while the 100-day Exponential Moving Average (DEMA) also corresponds closely to this area. Fibonacci retracement levels between 38.2% and 50% further indicate potential support, suggesting a base formation near the 165-175 range,' said the analysts at Anand Rathi. On the technical front, the shares' Relative Strength Index (RSI) is hovering over the 40 support mark, which likely indicates a potential stabilisation. 'Additionally, the daily Relative Strength Index (RSI) is around the crucial 40 support mark, signalling possible stabilisation,' they said. Apollo Micro Systems Ltd (APOLLO): Buy in the range of ₹ 165-175; Target Price at ₹ 210; Stop Loss at ₹ 150 (on a daily closing basis). 'Given this technical setup, investors might consider buying or accumulating shares within the 165-175 zone. The upside target is projected at 210, while a stop-loss below 150 on a daily closing basis is recommended to manage risk. This outlook highlights key support and resistance levels that traders should monitor closely before making investment decisions,' recommended Jigar Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers, in the stock report. Apollo Micro Systems shares closed 0.29% higher at ₹ 172.30 after Friday's stock market session, compared to ₹ 171.80 at the previous market close. The brokerage firm released its bullish stance on the company after market operating hours last week, on 25 July 2025. Shares of the Aerospace and Defence equipment maker have given stock market investors more than 1,280% returns on their investment in the last five years and over 39% gains in the last one-year period. On a year-to-date (YTD) basis, the stock has jumped 40.87% in 2025 but are currently trading 4.7% lower in the last five market sessions on the Indian stock market. According to data collected from the BSE website, Apollo Micro Systems shares hit their 52-week high at ₹ 221.40 on 24 June 2025, while the 52-week low was at ₹ 88.10 on 23 October 2024. The shares are currently trading under their year-high levels. The company's market capitalisation (M-Cap) stood at ₹ 5,280.82 crore as of the stock market close on Friday, 27 July 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
India Today
24-06-2025
- Business
- India Today
Andhra Pradesh eyes top spot in aerospace, unveils Policy 4.0 Vision
In a move to foster a thriving ecosystem for the aerospace and defence manufacturing industry in Andhra Pradesh, Chief Minister N. Chandrababu Naidu reviewed the Aerospace and Defense Policy 4.0 (2025–2030) at the Secretariat on Monday. The policy sets a bold target of attracting investments ranging from 50,000 crore to 1 lakh crore in the sector over the next five years to establish Andhra Pradesh as India's premier aerospace and defence manufacturing Chief Minister emphasised the need to position the state as a hub for advanced technologies and innovation in the aerospace and defence sectors. Citing India's use of modern technology during Operation Sindoor, he underscored the growing role of technology in national defence. He also emphasised the importance of developing such technologies for both defence applications and improving daily the future potential for national defence and internal security, he said the new policy should play a key role in facilitating the establishment of industries aligned with these priorities. He suggested several amendments to ensure national security remains a top focus. Aerospace and Defence Advisor Satish Reddy attended the review via video conference and offered suggestions. QUALITY BENCHMARKS FOR MSME PRODUCTSThe Chief Minister underscored the importance of supporting MSMEs in this sector, noting that Andhra Pradesh should outperform other states in this regard. He proposed an annual 100 crore corpus fund and the inclusion of logistics subsidies in the new must be strengthened. There should be a benchmark for quality in allied industries. Value addition is essential, and marketing and branding are equally important. The vision of 'One Family, One Entrepreneur' must be realized,' he INDUSTRY DEVELOPMENT FOR REGIONS The policy designates specialised manufacturing corridors across Andhra Pradesh: Visakhapatnam-Srikakulam for naval systems, Jaggaiahpet-Donakonda for missile production, Kurnool-Orvakal for drone technologies, and Lepakshi-Madakasira for aerospace electronics. Tirupati will emerge as an R&D powerhouse with the proposed DRDO Centre of briefed him that Bharat Forge and MMW companies are preparing to invest in the Madakasira cluster, with the foundation stone to be laid soon.23 COMPANIES INVEST RS 22,000 CRORE IN THE STATE India's annual defence product market is valued at 1.27 lakh crore, with public sector enterprises accounting for 73% of production. The private sector contributes 21%, while public-private partnerships account for the remaining 7%.As of now, 23 companies have invested 22,000 crores in Andhra Pradesh's aerospace and defence clusters, creating employment for 17,000 Kondapalli Srinivas and TG Bharat attended the review meeting along with Commerce & Industries Secretary, Yuvraj.- EndsMust Watch
Yahoo
20-06-2025
- Business
- Yahoo
The Middle East crises could end up offering a good buying opportunity: Barclays
-- Geopolitical tensions in the Middle East are testing investor resilience, but Barclays believes the current crisis may ultimately present a buying opportunity. In its latest market commentary, Barclays said that while "equities have been able to climb the wall of worry year-to-date, resilience is being tested once again." Still, the note emphasized that 'more fatigue & hedging than stress' has been evident so far. Despite oil prices rallying, the broader market has shown little sign of panic. 'Vix has only risen modestly, global equities and yields have remained mostly range-bound, and the dollar hasn't rebounded,' the analysts noted. Barclays warned, however, that a wider conflict, particularly involving the United States, 'may come as a reality check to this market calm.' Looking further ahead, the bank sees potential upside. 'Recent crises in the region have showed that the impact on equities from oil shocks tend to be short lived, and usually end up as medium term buying opportunities,' the analysts wrote. If the conflict leads to a resolution or greater regional stability, Barclays said, 'it could be seen as bullish for risk assets over the medium term.' Energy stocks have outperformed in recent weeks, with the sector benefiting as 'a geopolitical hedge.' Barclays sees room for further gains, noting 'positioning in the energy complex remains depressed,' raising the potential for a short squeeze if tensions escalate. However, they remain cautious long-term, stating, 'We remain sceptical of a structural re-rating of the Energy sector.' By contrast, Barclays notes that Aerospace and Defence stocks have surged 61% year-to-date, though Barclays warned that valuations are now stretched ahead of next week's NATO summit. Related articles The Middle East crises could end up offering a good buying opportunity: Barclays Iranians open to uranium enrichment limits - Reuters Barclays sees Tesla Q2 deliveries at 375,000, below consensus Sign in to access your portfolio
