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“We are going to see five major elections in the country and despite those elections, the finance minister has not given into the temptation of coming out with populist measures to buttress its position in those elections.”

The contract signed a day ago will be executed in three years. On a net basis, the order book position of Bharat Dynamics stands at Rs 11,400 crore including the latest pact.

The Nifty IT index was trading 0.65 per cent down at 35555.05.

The company, which follows July-June financial year, had reported a profit of Rs 81.90 crore in the corresponding quarter of the previous fiscal.

The MSME specialized NBFC reported a 20 per cent rise in the revenue to Rs 180.22 crore as against Rs 150.02 crore during the same period previous fiscal.

Housing Development Finance Corporation Ltd., incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 464778.07 Crore) operating in NBFC sector.

A total of 110 shares changed hands on the counter till 10:51AM (IST).

Barring the US dollar-pegged USD Coin, all of the other nine out of the top-10 digital tokens were trading lower during the trade on Thursday. Terra and Solana plunged 9 per cent each while Cardano dropped 6 per cent.

“The going is going to remain pretty good as far as earnings are concerned. Stock prices have to catch up because they have underperformed in the last two years. ”

“This will not be a flat year, it will be a positive year, I can predict the direction, I cannot predict the depth.”