Larsen & Toubro (L&T) and other companies that supplied equipment and materials for India's Chandrayaan-3 jumped on Wednesday, hours before the country attempts to land a spacecraft on the lunar south pole.
The Indian Space Research Organisation's (ISRO) Chandrayaan-3 spacecraft will attempt to land on the lunar south pole at 6:04 pm on Wednesday, in a mission seen as crucial to lunar exploration and the country's standing as a space power.
The mission has received heightened attention after Russia's Luna-25 failed less than a week earlier.
Industrial conglomerate L&T, which manufactured some segments of the booster that launched the spacecraft, ended 1.5 per cent on the day.
ISRO's center in Sriharikota also uses L&T's tracking radar used to monitor launch vehicles.
Alloy maker Mishra Dhatu Nigam, which supplied cobalt and nickel base alloys for the launch vehicle, jumped 3.4 per cent, while Indo National, which supplied four electronics components for the launch vehicle, jumped 5 per cent.
Precision engineering firm MTAR Technologies, which counts ISRO among its clients, jumped nearly 5 per cent, while Paras Defence and Space Technologies added 5.4 per cent.
Industrial gas firm Linde India climbed 3.2 per cent and is up nearly 19 per cent so far this week, while Centum Electronics, which supplied modules for the mission, surged 14.2 per cent.
Published 23 August 2023, 11:55 IST