After the success of Chandrayaan-3, which Companies have shown growth Potential?
The success of Chandrayaan 3 owes credit to several Indian companies. Among them are:
Companies under the Indian Space Research Organisation (ISRO), developed instruments and technologies for the Chandrayaan 3 mission. These include:
- Central Scientific and Industrial Research (CSIR)
- Defence Research and Development Organisation (DRDO)
- Indian Institutes of Technology (IIT) Private sector companies that contributed to the development of instruments and technologies for the Chandrayaan 3 mission. These include:
- LSI Engineering
- Sentam Electronics
- MTAER Technologies The success of Chandrayaan 3 has boosted the reputation and credibility of these companies. There has also been an increase in the value of their shares in the stock market.
Some examples include:
- The shares of LSI Engineering, which developed the lander’s parachute for Chandrayaan 3, increased by over 18% after the success of Chandrayaan 3.
- The shares of Sentam Electronics, which developed the electronics for the lander of Chandrayaan 3, increased by more than 19% after the success of Chandrayaan 3.
- The shares of MTAER Technologies, which developed the rocket engine for Chandrayaan 3, increased by over 20% after the success of Chandrayaan 3.
The success of these companies demonstrates India’s significant capabilities in the field of space technology. These companies are capable of assisting India in becoming a major player in space exploration.
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