- Thursday, February 27, 2025
Industrial conglomerate Larsen & Toubro, which manufactured some segments of the booster that launched the spacecraft, ended 1.5 per cent on the day.
By: Shubham Ghosh
COMPANIES that supplied materials and equipment for India’s mission to the moon leaped ahead on Wednesday (23), hours before the south Asian country successfully landed its Chandrayaan-3 spacecraft on the South Pole of the natural satellite, Reuters reported.
India entered an elite club with the success, becoming only the third country after the US, erstwhile Soviet Union and Russia to accomplish a moon landing. It is, however, the only country to land on the unexplored South Pole. The historic event took place at 6.04 pm local time in India and the whole world, including prime minister Narendra Modi, who is currently in South Africa for the BRICS summit, remained witness to it.
The feat is expected to promote India’s standing as a space power.
Industrial conglomerate Larsen & Toubro, which manufactured some segments of the booster that launched the spacecraft, ended 1.5 per cent on the day, the Reuters report added.
India’s space centre in Sriharikota in the south-eastern state of Andhra Pradesh, from where the mission was launched on July 14, also uses L&T’s tracking radar used for monitoring launch vehicles.
Mishra Dhatu Nigam, an alloy manufacturer which provided cobalt and base alloys for the launch vehicle, also went up 3.4 per cent. Indo National, which gave four electronics components for the launch vehicle, went up by five per cent, Reuters added.
MTAR Technologies, a precision engineering firm, which has the Indian Space Research Organisation among its clients, also went up by five per cent. Paras Defence and Space Technologies jumped by over five per cent.
Linde India, an industrial gas firm, climbed more than three per cent while Centum Electronics, which provided modules for the mission, went up by over 14 per cent.
