, has received a 15-year Industrial License for manufacturing high-energy defence explosives. This license represents a strategic expansion into specialized defence materials manufacturing, as well as positions the company to support the "Make in India" initiative while creating opportunities in domestic and international markets. With a market cap of Rs 8,502 crore, the company is a 40-year-old pioneer in defence technology, specializing in the design, development, and manufacture of advanced electronic, electro-mechanical, and engineering systems. It's stock price has surged by 150% in the last one year, and is currently trading at a discount of 30% from it's all time high, making it a good entry point for long term investing.

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