Swan Defence News and Updates

Name: Latest research reports of Swan Defence and Heavy Industries Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Swan Defence and Heavy Industries Ltd.
Rating: 3
Author: ICICI Securities Limited

Keep track of all breaking news on Swan Defence from all sources in a single place.

Swan Defence and Heavy Industries Ltd.

31 Mar 2022

1748.50

-5.00%

Reliance defends takeover of Future Retail stores in letter

Business Today

Reliance said it went "well and truly beyond what can be expected" to keep Future "out of harm's way," as it took "significant steps" to ensure business continuity at Future.

Swan Defence and Heavy Industries Ltd. is trading above all available SMAs

Reliance defends takeover of Future stores in letter

livemint | 31 Mar 2022

Swan Defence and Heavy Industries Ltd.

12 Oct 2020

1748.50

-5.00%

Navy scraps 20,000-crore tender torpedoing local shipyards' hopes

Business Line

With RNAVAL in bankruptcy court, L&T arm was lone bidder; RFP fell foul of DPP/CVC norms

Swan Defence and Heavy Industries Ltd. is trading above all available SMAs

Swan Defence and Heavy Industries Ltd.

10 Aug 2020

1748.50

-5.00%

Indian equities seen rangebound; Reliance, defence stocks in focus

livemint

Global equities have rallied hard since hitting a bottom in March on central bank bazooka and government largess around the world, although rising coronavirus cases and deaths in many countries have tempered investor enthusiasm recently

Swan Defence has gained 161.75% in the last 3 Months

Swan Defence and Heavy Industries Ltd.

07 Feb 2020

1748.50

-5.00%

Reliance defends against US criticism of oil business with Venezuala

Business Today

Venezuelan exports declined sharply in early 2019, but have since ticked back up to roughly 1 million bpd, as several oil companies resumed marketing or buying the country's oil

Swan Defence has gained 499.48% in the last 6 Months

Swan Defence and Heavy Industries Ltd.

27 Sep 2018

1748.50

-5.00%

RNAVAL's eligibility question holds up warship orders worth Rs 630 bn

Business Standard

The navy has a major grouse with RNAVAL, which has failed to deliver five naval offshore patrol vessels (NOPVs), an order that Pipavav Shipyard won in 2001

Swan Defence has gained 17385.00% in the last 1 Year

Swan Defence and Heavy Industries Ltd.

01 Sep 2018

1748.50

-5.00%

Russia rejected Reliance Defence in favour of PSUs

Economic Times

Russia rejected Reliance Defence in favour of PSUsThe Kamov contract was the first to be formalised during the visit. While Reliance Defence was in advanced talks to partner the Russians in the preceding months, Russia decided to go the PSU way.

Swan Defence has gained 161.75% in the last 3 Months

Swan Defence and Heavy Industries Ltd.

25 Aug 2018

1748.50

-5.00%

Anil Ambani steps down as director of Reliance Naval and Engineering

Business Today

Ambani has resigned in compliance with provisions of Section 165 of the Companies Act, 2013, prescribing the limit on directorships to only 10 public companies, RNAVAL said in a regulatory filing.

Swan Defence has gained 499.48% in the last 6 Months

Swan Defence and Heavy Industries Ltd.

16 Oct 2017

1748.50

-5.00%

Reliance Naval & Engineering

Hold: Swan Defence and Heavy Ind...

Recommendation Target

ICICI Securities Limited

Reliance Naval & Engineering (RNEL) reported weak Q2FY18 results, which were below our estimates on all fronts Revenues came in | 83.3 crore, down 15.2% YoY. We estimated revenues of | 180 crore for the quarter on the back of revenue booking of patrol boats delivered to the Indian Navy during the quarter EBITDA came in at | 4.4 crore (I-direct estimate: | 16.2 crore). Interest expenses came in at | 167.7 crore, up 25.9% YoY, 11% QoQ as debt increased by | 80.7 crore over the past two quarters. The debt figure is...

Swan Defence has gained 161.75% in the last 3 Months

Swan Defence and Heavy Industries Ltd.

08 Aug 2017

1748.50

-5.00%

Reliance Defence & Eng Ltd

Buy: Swan Defence and Heavy Ind...

Recommendation

ICICI Securities Limited

Revenues came in | 231.7 crore (including government grants), up 230% YoY. We estimate revenues of | 239.2 crore for the quarter EBITDA came in at | 12.5 crore (I-direct estimate: | 9.6 crore) Interest expenses came in at | 151.7 crore, down 7.8% QoQ. The company reported one-time (exceptional) cost of | 163.2 crore towards right of recompense payable to the lenders on exit from CDR. Subsequently, the overall PAT performance continued to remain stressed at a loss of | 230.4 crore...

Swan Defence has gained 161.75% in the last 3 Months

Swan Defence and Heavy Industries Ltd.

22 Jun 2017

1748.50

-5.00%

Reliance Defence forms JV with Thales for IAF's Rafale jet production

Business Standard

French defence firm Thales, supplier of radar and electronic warfare, display systems, software, communication solution to Rafale jet fighters set up a joint venture with Anil Ambani's Reliance Defence Ltd to integrate India-specific capabilities for 36 Rafale jet fighters and maintain radars and manufacture high performance airborne electronicsThe Indian government signed a contract to purchase 36 Rafale fighter jets in fly-away condition for Indian Air Force in last September for $8.8 billion. The JV will also serve to leverage Dassault's offset commitment as part of the deal for the supply of 36 Rafale fighter aircraft to IAF. The Rafale deal with French aerospace major Dassault had an agreement of 50 per cent offset clause which means that Indian companies, will get businesses of around 74 percent in goods and supply. The company in which Reliance Defence will hold 51 percent stake will develop the technology at their facility at Mihan Special Economic Zone near Nagpur.Anil...

Swan Defence has gained 161.75% in the last 3 Months

Is Reliance Naval and Engineering Ltd. worth buying?

199 Votes:

Buy 61.31%

Sell 24.12%

Hold 14.57%

New 52W High in past week

Swan Defence News and Updates

Keep track of all breaking news on Swan Defence from all sources in a single place.