Sensex today | Stock Market Live: Stock to buy today: PhysicsWallah
Sensex, Nifty, Share Prices Live: The trend has been up for the stock of PhysicsWallah since March. While it recently witnessed a correction in price, the chart shows formation of a new base at ₹123, where the 50-day moving average coincides. We expect the scrip to witness a fresh leg of rally on the back of this. In the near-term, the stock has the potential to rally to ₹155.
The Sensex today saw gains as PhysicsWallah was highlighted as a stock to buy. India's aerospace industry is experiencing significant growth, with manufacturing infrastructure expanding and advanced propulsion systems creating new opportunities. The country's first indigenous expandable turbojet was delivered, and completion of end-to-end engine manufacturing was announced.
Structural aerospace and energy tailwinds remain strong, contributing to the positive outlook. Multiple global opportunities in the aerospace sector are under assessment, with near-term capex tied to existing contracts. Process engineering is driving margin improvement and cost indigenization is supporting profitability. Management remains conservative on guidance but acknowledges potential for further margin improvement.
Hiring is supporting Q3-Q4 production requirements, and export receivables are moving toward natural hedging. Apollo Micro Systems delivered a strong Q1 with record profitability and a significant order book, which could drive FY28-FY30 growth. The company's acquisition execution is pending but has the potential to significantly improve margins through in-house production of critical subsystems.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
